Asymmetries in the responses of regional job flows to oil price shocks

This paper studies the effect of oil price innovations on manufacturing job flows across U.S. states. First, I estimate a nonlinear structural equation model and compute impulse response functions by Monte Carlo integration. I find asymmetries in the responses of job flows to positive and negative o...

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Bibliographic Details
Main Author: Karaki, Mohamad B. (author)
Format: article
Published: 2017
Online Access:http://hdl.handle.net/10725/6471
http://dx.doi.org/10.1111/ecin.12502
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
https://onlinelibrary.wiley.com/doi/abs/10.1111/ecin.12502
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