Regional Labor Market Adjustments in the United States
Author:   Mai Dao ,  Davide Furceri
Publisher:   International Monetary Fund
ISBN:  

9781336009998


Pages:   52
Publication Date:   01 January 2014
Format:   Electronic book text
Availability:   Available To Order   Availability explained
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Regional Labor Market Adjustments in the United States


Overview

We examine patterns of regional adjustments to shocks in the US during the past four decades. We find that the response of interstate migration to relative labor market conditions has decreased, while the role of the unemployment rate as absorber of regional shocks has increased. However, the response of net migration to regional shocks is stronger during aggregate downturns and increased particularly during the Great Recession. We offer a potential explanation for the cyclical pattern of migration response based on the variation in consumption risk sharing.

Full Product Details

Author:   Mai Dao ,  Davide Furceri
Publisher:   International Monetary Fund
Imprint:   International Monetary Fund
ISBN:  

9781336009998


ISBN 10:   1336009993
Pages:   52
Publication Date:   01 January 2014
Audience:   General/trade ,  General
Format:   Electronic book text
Publisher's Status:   Active
Availability:   Available To Order   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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