Identifying regional labor demand shocks using sign restrictions

Falko Juessen; Ludger Linnemann

We propose using sign restrictions to identify regional labor demand shocks in a panel VAR of US federal states. Observed migration responds significantly, but less persistently than the residual-based migration measure constructed by Blanchard and Katz (1992). -- regional labor markets ; migration ; panel VAR ; sign restrictions

Year of publication:	2012
Authors:	Juessen, Falko ; Linnemann, Ludger
Publisher:	Bonn : IZA
Subject:	Arbeitsnachfrage \| Labor demand \| Schock \| Shock \| Regionaler Arbeitsmarkt \| Regional labour market \| Binnenwanderung \| Internal migration \| Schätzung \| Estimation \| USA \| United States \| 1989-2002

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