Sectoral shift theories of unemployment: evidence from panel data
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Avery, Robert B & Hansen, Lars Peter & Hotz, V Joseph, 1983. "Multiperiod Probit Models and Orthogonality Condition Estimation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 24(1), pages 21-35, February.
- Lawrence F. Katz, 1988.
"Some recent developments in labor economics and their implications for macroeconomics,"
Proceedings, Federal Reserve Bank of Cleveland, pages 507-530.
- Katz, Lawrence F, 1988. "Some Recent Developments in Labor Economics and Their Implications for Macroeconomics," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 20(3), pages 507-522, August.
- Griffin, James M & Gregory, Paul R, 1976. "An Intercountry Translog Model of Energy Substitution Responses," American Economic Review, American Economic Association, vol. 66(5), pages 845-857, December.
- Geary, Patrick T & Kennan, John, 1982. "The Employment-Real Wage Relationship: An International Study," Journal of Political Economy, University of Chicago Press, vol. 90(4), pages 854-871, August.
- Lilien, David M, 1982. "Sectoral Shifts and Cyclical Unemployment," Journal of Political Economy, University of Chicago Press, vol. 90(4), pages 777-793, August.
- Robert E. Hall, 1975. "The Rigidity of Wages and the Persistence of Unemployment," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 6(2), pages 301-350.
- Shaw, Kathryn L, 1989. "Wage Variability in the 1970s: Sectoral Shifts or Cyclical Sensitivi ty," The Review of Economics and Statistics, MIT Press, vol. 71(1), pages 26-36, February.
- Christopher A. Pissarides, 1978. "The Role of Relative Wages and Excess Demand in the Sectoral Flow of Labour," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 45(3), pages 453-467.
- Harris, John R & Todaro, Michael P, 1970. "Migration, Unemployment & Development: A Two-Sector Analysis," American Economic Review, American Economic Association, vol. 60(1), pages 126-142, March.
- Hansen, Gary D., 1985.
"Indivisible labor and the business cycle,"
Journal of Monetary Economics, Elsevier, vol. 16(3), pages 309-327, November.
- Gary Hansen, 2010. "Indivisible Labor and the Business Cycle," Levine's Working Paper Archive 233, David K. Levine.
- Abraham, Katharine G & Katz, Lawrence F, 1986.
"Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances?,"
Journal of Political Economy, University of Chicago Press, vol. 94(3), pages 507-522, June.
- Katharine G. Abraham & Lawrence F. Katz, 1984. "Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances?," NBER Working Papers 1410, National Bureau of Economic Research, Inc.
- Abraham, Katharine G. & Katz, Lawrence F., 1986. "Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances?," Scholarly Articles 3442781, Harvard University Department of Economics.
- Loungani, Prakash, 1986. "Oil Price Shocks and the Dispersion Hypothesis," The Review of Economics and Statistics, MIT Press, vol. 68(3), pages 536-539, August.
- Chung, Jae Wan, 1987. "On the Estimation of Factor Substitution in the Translog Model," The Review of Economics and Statistics, MIT Press, vol. 69(3), pages 409-417, August.
- Hamilton, James D, 1988. "A Neoclassical Model of Unemployment and the Business Cycle," Journal of Political Economy, University of Chicago Press, vol. 96(3), pages 593-617, June.
- Darby, Michael R & Haltiwanger, John C & Plant, Mark W, 1985.
"Unemployment Rate Dynamics and Persistent Unemployment under Rational Expectations,"
American Economic Review, American Economic Association, vol. 75(4), pages 614-637, September.
- Michael R. Darby & John Haltiwanger & Mark Plant, 1984. "Unemployment-Rate Dynamics and Persistent Unemployment Under RAtional Expectations," UCLA Economics Working Papers 339, UCLA Department of Economics.
- Michael R. Darby & John C. Haltiwanger & Mark W. Plant, 1985. "Unemployment-Rate Dynamics and Persistent Unemployment Under Rational Expectations," NBER Working Papers 1558, National Bureau of Economic Research, Inc.
- Topel, Robert H, 1986. "Local Labor Markets," Journal of Political Economy, University of Chicago Press, vol. 94(3), pages 111-143, June.
- Loungani, Prakash & Rogerson, Richard, 1989. "Cyclical fluctuations and sectoral reallocation : Evidence from the PSID," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 259-273, March.
- Berndt, Ernst R & Wood, David O, 1975. "Technology, Prices, and the Derived Demand for Energy," The Review of Economics and Statistics, MIT Press, vol. 57(3), pages 259-268, August.
- Martin Eichenbaum & Kenneth I. Singleton, 1986.
"Do Equilibrium Real Business Cycle Theories Explain Postwar US Business Cycles?,"
NBER Chapters, in: NBER Macroeconomics Annual 1986, Volume 1, pages 91-146,
National Bureau of Economic Research, Inc.
- Martin S. Eichenbaum & Kenneth J. Singleton, 1986. "Do Equilibrium Real Business Cycle Theories Explain Post-War U.S. Business Cycles?," NBER Working Papers 1932, National Bureau of Economic Research, Inc.
- Humphrey, David Burras & Moroney, John R, 1975. "Substitution among Capital, Labor, and Natural Resource Products in American Manufacturing," Journal of Political Economy, University of Chicago Press, vol. 83(1), pages 57-82, February.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Theodore Panagiotidis & Gianluigi Pelloni, 2013.
"Employment Reallocation and Unemployment Revisited: A Quantile Regression Approach,"
Working Paper series
01_13, Rimini Centre for Economic Analysis, revised Feb 2014.
- T. Panagiotidis & G. Pelloni, 2013. "Employment Reallocation and Unemployment Revisited: A Quantile Regression Approach," Working Papers wp881, Dipartimento Scienze Economiche, Universita' di Bologna.
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.- 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.
- G. Gallipoli & G. Pelloni, 2013. "Macroeconomic Effects of Job Reallocations: A Survey," Working Papers wp897, Dipartimento Scienze Economiche, Universita' di Bologna.
- Giovanni Gallipoli & Gianluigi Pelloni, 2013. "Macroeconomic Effects of Job Reallocations: A Survey," Working Paper series 37_13, Rimini Centre for Economic Analysis.
- Steven J. Davis & John Haltiwanger, 1992.
"Gross Job Creation, Gross Job Destruction, and Employment Reallocation,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(3), pages 819-863.
- Steve J. Davis & John Haltiwanger, 1990. "Gross Job Creation, Gross Job Destruction and Employment Reallocation," Working Papers 90-4, Center for Economic Studies, U.S. Census Bureau.
- Steve J. Davis & John Haltiwanger, 1991. "Gross Job Creation, Gross Job Destruction and Employment Reallocation," NBER Working Papers 3728, National Bureau of Economic Research, Inc.
- Steven J. Davis & John Haltiwanger, 1991. "Gross job creation, gross job destruction and employment reallocation," Working Paper Series, Macroeconomic Issues 91-5, Federal Reserve Bank of Chicago.
- Bennett T. McCallum, 1988. "Real Business Cycle Models," NBER Working Papers 2480, National Bureau of Economic Research, Inc.
- Shin, Kwanho, 1997. "Sectoral shocks and movement costs: Effects on employment and welfare," Journal of Economic Dynamics and Control, Elsevier, vol. 21(2-3), pages 449-471.
- Campbell, Jeffrey R. & Kuttner, Kenneth N., 1996.
"Macroeconomic effects of employment reallocation,"
Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 44(1), pages 87-116, June.
- Jeffrey R. Campbell & Kenneth N. Kuttner, 1996. "Macroeconomic effects of employment reallocation," Working Paper Series, Macroeconomic Issues WP-96-11, Federal Reserve Bank of Chicago.
- Campbell, J.R. & Kuttner, K.N., 1996. "Macroeconomic Effects of Employment Reallocation," RCER Working Papers 415, University of Rochester - Center for Economic Research (RCER).
- repec:rim:rimwps:27-08 is not listed on IDEAS
- Andrew Figura, 2003. "The effect of restructuring on unemployment," Finance and Economics Discussion Series 2003-56, Board of Governors of the Federal Reserve System (U.S.).
- Sonja Sheikh & Wolfgang Pauer, 1999. "Strukturelle Arbeitslosigkeit in ausgewählten Ländern der Europäischen Union unter besonderer Berücksichtigung der Mismatch-Komponente," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 68(3), pages 424-448.
- Antonia Diaz & Luis A. Puch & Maria D. Guillo, 2004.
"Costly Capital Reallocation and Energy Use,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(2), pages 494-518, April.
- Antonia Díaz & Luis A. Puch & María D. Guilló, 2001. "Costly capital reallocation and energy use," Documentos de Trabajo del ICAE 0111, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
- María Dolores Guilló & Antonia Díaz & Luis A. Puch, 2002. "Costly Capital Reallocation And Enery Use," Working Papers. Serie AD 2002-14, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- Puch, Luis A. & Guilló, María D., 2001. "Costly capital reallocation and energy use," UC3M Working papers. Economics we015215, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Scott Schuh & Robert K. Triest, 1998. "Job reallocation and the business cycle: new facts for an old debate," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 42(Jun), pages 271-357.
- Giovanni Gallipoli & Gianluigi Pelloni, 2008. "Aggregate Shocks vs Reallocation Shocks: an Appraisal of the Applied Literature," Working Paper series 27_08, Rimini Centre for Economic Analysis.
- Scott Schuh & Robert K Triest, 1998. "Job Reallocation And The Business Cycle: New Facts An Old Debate," Working Papers 98-11, Center for Economic Studies, U.S. Census Bureau.
- repec:eee:labchp:v:3:y:1999:i:pb:p:2711-2805 is not listed on IDEAS
- Paul Blackley, 2000. "The impact of sectoral shifts in investment on unemployment in U.S. labor markets," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 28(4), pages 435-449, December.
- Phelan, Christopher & Trejos, Alberto, 2000.
"The aggregate effects of sectoral reallocations,"
Journal of Monetary Economics, Elsevier, vol. 45(2), pages 249-268, April.
- Ryo Kato, 2003. "Matlab code for the Phelan-Trejos model," QM&RBC Codes 115, Quantitative Macroeconomics & Real Business Cycles.
- Chengjun Lu & Duanming Zhou, 2009. "Industrial energy substitution and a revised Allen elasticity in China," Frontiers of Economics in China, Springer;Higher Education Press, vol. 4(1), pages 110-124, March.
- Swanson Eric T, 2006.
"The Relative Price and Relative Productivity Channels for Aggregate Fluctuations,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 6(1), pages 1-39, October.
- Eric T. Swanson, 2006. "The relative price and relative productivity channels for aggregate fluctuations," Working Paper Series 2006-20, Federal Reserve Bank of San Francisco.
- Lecca, Patrizio & Swales, Kim & Turner, Karen, 2011.
"An investigation of issues relating to where energy should enter the production function,"
Economic Modelling, Elsevier, vol. 28(6), pages 2832-2841.
- Lecca, Patrizio & Swales, J Kim & Turner, Karen, 2010. "An investigation of issues relating to where energy should enter the production function," Stirling Economics Discussion Papers 2010-18, University of Stirling, Division of Economics.
- Piotr Adamczyk, 2022. "Does the Volatility of Oil Price Affect the Structure of Employment? The Role of Exchange Rate Regime and Energy Import Dependency," Energies, MDPI, vol. 15(19), pages 1-10, September.
- Jorgensen, Bjorn & Li, Jing & Sadka, Gil, 2012. "Earnings dispersion and aggregate stock returns," Journal of Accounting and Economics, Elsevier, vol. 53(1), pages 1-20.
- Andrei Polbin & Sergey Drobyshevsky, 2014. "Developing a Dynamic Stochastic Model of General Equilibrium for the Russian Economy," Research Paper Series, Gaidar Institute for Economic Policy, issue 166P, pages 156-156.
- Fallick, Bruce Chelimsky, 1996.
"The hiring of new labor by expanding industries,"
Labour Economics, Elsevier, vol. 3(1), pages 25-42, August.
- Bruce Fallick, 1993. "The hiring of new labor by expanding industries," Working Paper Series / Economic Activity Section 139, Board of Governors of the Federal Reserve System (U.S.).
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:fip:fedmem:28. 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: Jannelle Ruswick (email available below). General contact details of provider: https://edirc.repec.org/data/cfrbmus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.