Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5057672 | Economics Letters | 2017 | 14 Pages |
Abstract
We revisit the macroeconomic effects of labor reallocation within the framework of Campbell and Kuttner (1996). We re-estimate their model, update the sample, and employ generalized and local impulse response functions. We confirm that total employment responses to reallocation shocks remain significant.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Emmanouil Gkiourkas, Theodore Panagiotidis, Gianluigi Pelloni,