IDEAS home Printed from https://ideas.repec.org/a/cem/jaecon/v3y2000n1p57-69.html
   My bibliography  Save this article

The Applicability of the Sectoral Shift Hypothesis in the Netherlands

Author

Listed:
  • Ivo De Loo

    (Open University of the Netherlands)

Abstract

The sectoral shift hypothesis in the Netherlands cannot be easily tested for the presence of rigorous structural breaks in the data. Therefore, a Kalman Filter approach is adopted. What we find, is that the variables capturing the sectoral shift hypothesis are the most important in explaining Dutch unemployment behavior during the postwar period. This means that cyclical unemployment in the Netherlands can be viewed as a fluctuation of the natural rate of unemployment.

Suggested Citation

  • Ivo De Loo, 2000. "The Applicability of the Sectoral Shift Hypothesis in the Netherlands," Journal of Applied Economics, Universidad del CEMA, vol. 3, pages 57-69, May.
    • Handle: RePEc:cem:jaecon:v:3:y:2000:n:1:p:57-69
    as

    Download full text from publisher

    File URL: https://ucema.edu.ar/publicaciones/download/volume3/deloo.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Daniel S. Hamermesh & James Grant, 1979. "Econometric Studies of Labor-Labor Substitution and Their Implications for Policy," Journal of Human Resources, University of Wisconsin Press, vol. 14(4), pages 543-562.
    2. Mario Fortin & Abdelkrim Araar, 1997. "Sectoral shifts, stock market dispersion and unemployment in Canada," Applied Economics, Taylor & Francis Journals, vol. 29(6), pages 829-839.
    3. Watson, P K, 1983. "Kalman Filtering as an Alternative to Ordinary Least Squares-Some Theoretical Considerations and Empirical Results," Empirical Economics, Springer, vol. 8(2), pages 71-85.
    4. Barro, Robert J, 1977. "Unanticipated Money Growth and Unemployment in the United States," American Economic Review, American Economic Association, vol. 67(2), pages 101-115, March.
    5. Terence Mills & Gianluigi Pelloni & Athina Zervoyianni, 1997. "Unemployment Fluctuations in the UK: 1958-92," Applied Economics Letters, Taylor & Francis Journals, vol. 4(4), pages 253-255.
    6. Mills, Terence C. & Pelloni, Gianluigi & Zervoyianni, Athina, 1996. "Cyclical unemployment and sectoral shifts: Further tests of the Lilien hypothesis for the UK," Economics Letters, Elsevier, vol. 52(1), pages 55-60, July.
    7. Lilien, David M, 1982. "Sectoral Shifts and Cyclical Unemployment," Journal of Political Economy, University of Chicago Press, vol. 90(4), pages 777-793, August.
    8. Garcia-Ferrer, Antonio, et al, 1987. "Macroeconomic Forecasting Using Pooled International Data," Journal of Business & Economic Statistics, American Statistical Association, vol. 5(1), pages 53-67, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ssebulime, Kurayish & Okumu, Ibrahim Mike & Bbaale, Edward, 2023. "The Changing Employment Landscape in Uganda," African Journal of Economic Review, African Journal of Economic Review, vol. 11(4), September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. De Loo, Ivo, 1998. "Fables of Faubus?: Testing the Sectoral Shift Hypothesis in the Netherlands Using a Simplified Kalman Filter Model," Research Memorandum 002, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
    2. Giovanni Gallipoli & Gianluigi Pelloni, 2013. "Macroeconomic Effects of Job Reallocations: A Survey," Review of Economic Analysis, Digital Initiatives at the University of Waterloo Library, vol. 5(2), pages 127-176, December.
    3. Mills, Terence C. & Pelloni, Gianluigi & Zervoyianni, Athina, 1996. "Cyclical unemployment and sectoral shifts: Further tests of the Lilien hypothesis for the UK," Economics Letters, Elsevier, vol. 52(1), pages 55-60, July.
    4. Gianluigi Pelloni & Wolfgang Polasek, 2003. "Macroeconomic Effects of Sectoral Shocks in Germany, The U.K. and, The U.S. A VAR-GARCH-M Approach," Computational Economics, Springer;Society for Computational Economics, vol. 21(1), pages 65-85, February.
    5. Ray C. Fair, 1986. "Sources of Output and Price Variability in a Macroeconometric Model," NBER Working Papers 2112, National Bureau of Economic Research, Inc.
    6. Mankiw, N Gregory, 1989. "Real Business Cycles: A New Keynesian Perspective," Journal of Economic Perspectives, American Economic Association, vol. 3(3), pages 79-90, Summer.
    7. Jinzhu Chen & Prakash Kannan & Prakash Loungani & Bharat Trehan, 2012. "New evidence on cyclical and structural sources of unemployment," Proceedings, Federal Reserve Bank of San Francisco, issue March, pages 1-23.
    8. Pastore, Francesco, 2013. "Primum vivere… Industrial Change, Job Destruction and the Geographical Distribution of Unemployment," IZA Discussion Papers 7126, Institute of Labor Economics (IZA).
    9. repec:wop:ubisop:0003 is not listed on IDEAS
    10. Altonji, Joseph G & Ham, John C, 1990. "Variation in Employment Growth in Canada: The Role of External, National, Regional, and Industrial Factors," Journal of Labor Economics, University of Chicago Press, vol. 8(1), pages 198-236, January.
    11. Yanggyu Byun & Hae-shin Hwang, 2015. "Sectoral shifts or aggregate shocks? A new test of sectoral shifts hypothesis," Empirical Economics, Springer, vol. 49(2), pages 481-502, September.
    12. Garonna, Paolo & Sica, Francesca G. M., 2000. "Intersectoral labour reallocations and unemployment in Italy," Labour Economics, Elsevier, vol. 7(6), pages 711-728, November.
    13. Ours, J.C. & Tak, C.M., 1991. "Sectoral shifts, unemployment and vacancies in the Netherlands," Serie Research Memoranda 0069, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    14. Hogrefe, Jan & Sachs, Andreas, 2014. "Unemployment and labor reallocation in Europe," ZEW Discussion Papers 14-083, ZEW - Leibniz Centre for European Economic Research.
    15. Nicolaas Groenewold & A. J. Hagger, 1998. "The Natural Unemployment Rate in Australia since the Seventies," The Economic Record, The Economic Society of Australia, vol. 74(224), pages 24-35, March.
    16. Rizwan Tahir, 1994. "Estimating the Quantitative Importance of Various Sources of Macroeconomic Variability," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 33(4), pages 1073-1087.
    17. Landon, Stuart, 1995. "Testing aggregate neutrality with heterogeneous sectors," Journal of Macroeconomics, Elsevier, vol. 17(1), pages 131-148.
    18. Sean Becketti, 1983. "The Persistence of Nominal Shocks in a Particular Equilibrium Model," UCLA Economics Working Papers 312, UCLA Department of Economics.
    19. repec:eee:labchp:v:2:y:1986:i:c:p:921-999 is not listed on IDEAS
    20. Francesco Pastore & Joanna Tyrowicz, 2013. "Polish high unemployment and spatial labor turnover. Insights from panel data analysis using unemployment registry data," Working Papers 2013-18, Faculty of Economic Sciences, University of Warsaw.
    21. Pastore, Francesco & Tyrowicz, Joanna, 2012. "Labour Turnover and the Spatial Distribution of Unemployment: A Panel Data Analysis Using Employment Registry Data," IZA Discussion Papers 7074, Institute of Labor Economics (IZA).
    22. repec:rim:rimwps:27-08 is not listed on IDEAS
    23. Nam T. Vu & Jiayu Wu, 2020. "International Effects of Stock Market Dispersion," Southern Economic Journal, John Wiley & Sons, vol. 86(4), pages 1393-1417, April.

    More about this item

    Keywords

    unemployment; sectoral shift hypothesis;

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cem:jaecon:v:3:y:2000:n:1:p:57-69. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Valeria Dowding (email available below). General contact details of provider: https://edirc.repec.org/data/cemaaar.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.