We examine patterns of regional adjustments to shocks in the US during the past four decades. We find that the response of interstate migration to relative labor market conditions has decreased, while the role of the unemployment rate as absorber of regional shocks has increased. However, the...

We examine patterns of regional adjustments to shocks in the US during the past 40 years. Using state-level data, we estimate the dynamic response of regional employment, unemployment, participation rates and net migration to state-relative labor demand shocks. We find that (i) the long-run...

Due to the lack of political consensus at the previous General Agreement on Trade on Services (GATS), negotiations on the temporary movement of natural persons (Mode 4) have stagnated. The growth in the economic literature surrounding this issue has also been lackluster; despite the large...

We study earnings mobility and instability using data from the Panel Study of Income Dynamics. Our main contribution is to update mobility and instability calculations to include data from the 1990s, although we also provide a number of tests of robustness across mobility and instability...

Major shifts in employment between industries and between firms within industries usually accompany recessions. Although this observation suggests that exogenous changes in the optimal allocation of labor are an important source of aggregate employment fluctuations, the macroeconomic...

The transition to market economic systems in the countries of Central and Eastern Europe and the former Soviet Union involves fundamental shifts in the sectoral allocation of resources, in particular, dramatic changes in employment structures. Development of services in Russia turns to be more...

This paper shows how truncated, censored, hurdle, zero inflated and underreported count models can be interpreted as models with selectivity. Until recently, users of such count data models have commonly imposed independence brtween the count generating mechanism and the selection mechanism....

This paper offers a new explanation for the empirically observed inter-industry wage variation. We represent an industry by a small open economy with inter-firm labor mobility. Each industry is characterized by a degree of learning-by-doing, learning-by-hiring, inter-firm mobility costs and...

This study of Philippine employment in the 1970s presents a review of the literature on the employment experience in the 1970s,which concentrates on those studies dealing primarily with the demand component of the labor market and highlights a number of policy-related issues that have emerged in...

This article reconsiders the case for sectoral labor reallocation's role in the jobless recovery. The authors review and critique previous attempts to measure sectoral reallocation, with a particular emphasis on the recent contribution of Groshen and Potter (2003). Their conclusion, based on an...