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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| 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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