This study forecasts the Hungarian labor demand for 10 broad economic sectors for 2020. Using aggregate data for the period of 1992-2010 and a structural macroeconomic model, we find that the relative importance of agriculture and industry is likely to fall in total employment while the share of...

This study forecasts the Hungarian labor demand for 10 broad economic sectors for 2015. Using aggregate data for the period of 1992-2010 and a structural macroeconomic model, we find that the relative importance of agriculture and industry is likely to fall in total employment while the share of...

The U.S. economy has been going through a striking structural transformation - the secular reallocation of employment across sectors - over the past several decades. We propose a decomposition framework to assess the contributions of various margins of firm dynamics to this shift. Using...