Regional labor market adjustments in the United States and Europe by Mai Dao, Davide Furceri and Prakash Loungani published by IMF (2/2014), indicated by Arthur Garbayo. “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…”
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