| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 965864 | Journal of Macroeconomics | 2013 | 19 Pages |
Abstract
⺠We use a dynamic factor model to study the nature of U.S. excess job reallocation. ⺠The national factor accounts for 57% of the excess job reallocation variability. ⺠The national allocation component is the main factor for small businesses. ⺠The state allocation component is the main driving force for large businesses. ⺠National and state allocation factors will be an essential element in job flow theories.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
De-Chih Liu,