Showing 1 - 10 of 27
This paper provides evidence that unemployment rates across US states are stationary and therefore behave according to the natural rate hypothesis. We provide new insights by considering the effect of key variables on the speed of adjustment associated with unemployment shocks. A...
Persistent link: https://www.econbiz.de/10010500244
Abstract This paper provides evidence that unemployment rates across US states are stationary and therefore behave according to the natural rate hypothesis. We provide new insights by considering the effect of key variables on the speed of adjustment associated with unemployment shocks. A...
Persistent link: https://www.econbiz.de/10010859356
This paper provides evidence that unemployment rates across US states are stationary and therefore behave according to the natural rate hypothesis. We provide new insights by considering the effect of key variables on the speed of adjustment associated with unemployment shocks. A...
Persistent link: https://www.econbiz.de/10011062401
This paper provides evidence that unemployment rates across US states are stationary and therefore behave according to the natural rate hypothesis. We provide new insights by considering the effect of key variables on the speed of adjustment associated with unemployment shocks. A...
Persistent link: https://www.econbiz.de/10010686245
This paper provides evidence that unemployment rates across US states are stationary and therefore behave according to the natural rate hypothesis. We provide new insights by considering the effect of key variables on the speed of adjustment associated with unemployment shocks. A...
Persistent link: https://www.econbiz.de/10009780262
Persistent link: https://www.econbiz.de/10001739900
This study revisits Lilien’s sectoral shifts hypothesis for the US. We employ quantile regression estimation in order to investigate the asymmetric nature of the relationship between sectoral employment and unemployment. Significant asymmetries emerge. Lilien’s dispersion index is...
Persistent link: https://www.econbiz.de/10011211428
A short presentation and description of the papers that have been selected from the second workshop of the Regional Studies Research Network on Geographical Localisation, Intersectoral Reallocation of Labour and Unemployment Differentials (GLUNLAB II)) that took place in Rimini, Italy, on May...
Persistent link: https://www.econbiz.de/10009207460
A short presentation and description of the papers that have been selected from the First workshop of the Regional Studies Research Network on Geographical Localization, Intersectoral Reallocation of Labour and Unemployment Differentials (GLUNLAB)
Persistent link: https://www.econbiz.de/10008683494
This paper re-examines Lilien’s sectoral shifts hypothesis for U.S. unemployment. We employ a monthly panel that spans from 1990:01 to 2011:12 for 48 U.S. states. Panel unit root tests that allow for crosssectional dependence reveal the stationarity of unemployment. Within a framework that...
Persistent link: https://www.econbiz.de/10010656014