@TechReport{iza:izadps:dp6767, author={Juessen, Falko and Linnemann, Ludger}, title={Identifying Regional Labor Demand Shocks Using Sign Restrictions}, year={2012}, month={Jul}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={6767}, url={https://www.iza.org/publications/dp6767}, abstract={We propose using sign restrictions to identify regional labor demand shocks in a panel VAR of US federal states. Observed migration responds significantly, but less persistently than the residual-based migration measure constructed by Blanchard and Katz (1992).}, keywords={regional labor markets;migration;panel VAR;sign restrictions}, }