Sectoral Shifts and Canadian Unemployment

Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances?

Sectoral Shifts, Diversification and Regional Unemployment: Evidence from Local Labour Systems in Italy

Sectoral Shifts, Diversification and Regional Unemployment: Evidence from Local Labour Systems in Italy Using Local Labour Systems (LLSs) data, this work aims at assessing the effects of sectoral shifts and industry specialization patterns on regional unemployment in Italy over the years 2004-2008, when huge worker reallocation caused by changes in the international division of labour occurred....

The Impact of Sectoral Shifts on the Unemployment Rate of Different Age Groups

This paper examine Lilien’s sectoral shifts hypothesis for Japan for different age cohorts. Previous studies of the sectoral shifts hypothesis for Japan have for the most part concentrated on the relationship between aggregate unemployment and sectoral shifts, and are typically not supportive of the hypothesis. However, recent increases in the unemployment rates of the young and the aged sugges...

Relative demand shifts and unemployment

Everywhere in the OECD, there has been a shift in relative labor demand away from low-skill workers towards high-skill workers. In the United States, this has led to a decrease in the relative wage of low-skill workers. In Europe, constraints on the relative wage of low-skill workers have led instead to an increase in their unemployment rate, and thus an overall increase in unemployment. As Kru...

The Relation between Inflation and Regional Unemployment and Sectoral Income Growth Dispersion: Evidence from EU-Countries

Using data from 15 EU countries for 1974-2004, with various specifications and estimation methods this paper gives strong support to the idea that the aggregate inflation-output gap or inflation-unemployment rate relationship is not linear because inflation is relatively more sensitive to markets and regions that are close to a capacity constraint. Accordingly, inflation is not only related to ...