Convergence and Stability in US Regional Employment.
It is widely believed that regional labour markets in the USA are highly flexible, so that employment shocks have only transitory effects on joblessness since induced migration quickly offsets much of the initial impact. However time-series analysis of the response to shocks is very sensitive to err...
Main Authors: | Rowthorn, R, Glyn, A |
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Format: | Working paper |
Language: | English |
Published: |
Department of Economics (University of Oxford)
2002
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