Where do jobs go when oil prices drop?

In this paper, we estimate a factor augmented vector autoregressive (FAVAR) model to investigate the effect of oil price shocks on total private job flows as well as on industry-level job creation and destruction. Following an unexpected oil price drop in the first year, we find that in oil and gas...

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Bibliographic Details
Main Author: Karaki, Mohamad B. (author)
Other Authors: Herrera, Ana Maria (author), Rangaraju, Sandeep Kumar (author)
Format: article
Published: 2017
Online Access:http://hdl.handle.net/10725/6468
https://doi.org/10.1016/j.eneco.2016.02.006
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
http://www.sciencedirect.com/science/article/pii/S0140988316300196
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