#2007-015A "Supply Shocks, Demand Shocks, and Labor Market Fluctuations"
by Helge Braun, Reinout De Bock, and Riccardo DiCecio
April 2007

We use structural vector autoregressions to analyze the responses of worker flows, job flows, vacancies, and hours to shocks. More...

#2006-004A "Aggregate Shocks and Labor Market Fluctuations"
by Helge Braun, Reinout De Bock, and Riccardo DiCecio
January 2006

This paper evaluates the dynamic response of worker flows, job flows, and vacancies to aggregate shocks in a structural vector autoregression. We identify demand, monetary, and technology shocks by imposing sign restrictions on the responses of output, inflation, the interest rate, and the relative price of investment. More...