Labor mobility in Belgium: a panel VAR approach
This research investigates labor market dynamics in Belgium and the specific role played by labor mobility in the adjustment process following a labor demand shock. It first analyzes the time series characteristics of the Belgian labor market based on a panel of 11 provinces from 2003 to 2015. This analysis allows the building and estimation of a PVAR model to obtain the response of employment, employment rate, and labor force participation rate to a shock in labor demand. The results suggest a minor role played by migration in the first years of the adjustment process, highlighting the diffic... Mehr ...
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| Dokumenttyp: | masterThesis |
| Erscheinungsdatum: | 2018 |
| Schlagwörter: | Labor mobility / European Union / PVAR Estimation / OCA / Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
| Sprache: | Englisch |
| Permalink: | https://search.fid-benelux.de/Record/base-28540963 |
| Datenquelle: | BASE; Originalkatalog |
| Powered By: | BASE |
| Link(s) : | http://hdl.handle.net/10362/32555 |
This research investigates labor market dynamics in Belgium and the specific role played by labor mobility in the adjustment process following a labor demand shock. It first analyzes the time series characteristics of the Belgian labor market based on a panel of 11 provinces from 2003 to 2015. This analysis allows the building and estimation of a PVAR model to obtain the response of employment, employment rate, and labor force participation rate to a shock in labor demand. The results suggest a minor role played by migration in the first years of the adjustment process, highlighting the difficulties for the EU to be considered an OCA.