Uncertainties, Employment and the Zero Lower Bound

The purpose of this paper is to study the response of aggregate and sectoral employment in the United States to shocks and uncertainties in the oil and macro markets. To estimate the actual dataset, we employ a VAR model with 12 variables using U.S. data during 1986Q1-2021Q4. With alternative oil a...

Full description

Bibliographic Details
Main Authors: Qing Nie, Xin L. Brown, Baohui Liu, Maruf Morshed
Format: Article
Language:English
Published: EconJournals 2024-07-01
Series:International Journal of Energy Economics and Policy
Subjects:
Online Access:https://econjournals.com/index.php/ijeep/article/view/15752