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Title: Revisiting the macroeconomic effects of labor reallocation
Authors: Gkiourkas, Emmanouil
Panagiotidis, Theodore
Pelloni, Gianluigi
Type: Article
Subjects: FRASCATI::Social sciences::Economics and Business
Keywords: Labor reallocation
Sectoral shifts
Issue Date: Sep-2017
Publisher: Elsevier
Source: Economics Letters
Volume: 158
First Page: 88
Last Page: 93
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.
Other Identifiers: 10.1016/j.econlet.2017.06.036
Appears in Collections:Department of Economics

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