Regional Labor Market Adjustments in the United States and Europe:
Gespeichert in:
Internformat
MARC
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| 520 | 3 | |a 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 effect of a state-specific shock on the state employment level has decreased over time, suggesting less overall net migration in response to a regional shock, (ii) the role of the participation rate as absorber of regional shocks has increased, (iii) the response of net migration to regional shocks is stronger, while that of relative unemployment is weaker during aggregate downturns, and (iv) the change in the response intensity of migration is related to the declining trend in regional dispersion of labor market conditions. Finally, using regional data for a set of 21 Europe countries, we show that while the short-term response of participation rates to labor demand shocks is typically larger in Europe than in the US, the immediate response of net migration in Europe has increased over time | |
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Datensatz im Suchindex
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| id | DE-604.BV048354852 |
| illustrated | Not Illustrated |
| indexdate | 2024-12-20T19:42:29Z |
| institution | BVB |
| isbn | 1475598475 9781475598476 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033734120 |
| oclc_num | 1337126549 |
| open_access_boolean | |
| owner | DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM |
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| physical | 1 Online-Ressource (37 p) |
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| publishDate | 2014 |
| publishDateSearch | 2014 |
| publishDateSort | 2014 |
| publisher | International Monetary Fund |
| record_format | marc |
| series2 | IMF Working Papers |
| spellingShingle | Dao, Mai Regional Labor Market Adjustments in the United States and Europe |
| title | Regional Labor Market Adjustments in the United States and Europe |
| title_auth | Regional Labor Market Adjustments in the United States and Europe |
| title_exact_search | Regional Labor Market Adjustments in the United States and Europe |
| title_full | Regional Labor Market Adjustments in the United States and Europe Dao, Mai |
| title_fullStr | Regional Labor Market Adjustments in the United States and Europe Dao, Mai |
| title_full_unstemmed | Regional Labor Market Adjustments in the United States and Europe Dao, Mai |
| title_short | Regional Labor Market Adjustments in the United States and Europe |
| title_sort | regional labor market adjustments in the united states and europe |
| url | http://elibrary.imf.org/view/IMF001/21163-9781475598476/21163-9781475598476/21163-9781475598476.xml |
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