TY  - RPRT
        AU  - Juessen, Falko
AU  - Linnemann, Ludger
        TI  - Identifying Regional Labor Demand Shocks Using Sign Restrictions
        PY  - 2012/Jul/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 6767
        UR  - https://www.iza.org/publications/dp6767
        AB  - 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).
        KW  - regional labor markets
KW  - migration
KW  - panel VAR
KW  - sign restrictions
        ER  -