TY - BOOK ID - 10692184 TI - Regional labor market adjustments in the United States AU - Dao, Mai AU - Furceri, Davide AU - Loungani, Prakash AU - International Monetary Fund. PY - 2014 SN - 1498302718 1336009993 1484315723 1475565747 9781475565744 9781498302715 9781484315729 PB - [Washington, D.C.] International Monetary Fund DB - UniCat KW - Labor market -- Econometric models. KW - Labor market -- Japan. KW - Labor market -- United States. KW - Business & Economics KW - Labor & Workers' Economics KW - Labor market KW - Labor demand KW - Labor mobility KW - Unemployment KW - Regional economics KW - Econometric models. KW - Economic aspects KW - Joblessness KW - Mobility, Labor KW - Demand, Labor KW - Demand for labor KW - Employees KW - Market, Labor KW - Supply and demand for labor KW - Supply and demand KW - Economics KW - Regional planning KW - Regionalism KW - Space in economics KW - Employment (Economic theory) KW - Full employment policies KW - Labor supply KW - Manpower policy KW - Right to labor KW - Underemployment KW - Migration, Internal KW - Labor turnover KW - Markets KW - Labor markets KW - Econometric models KW - Economic aspects&delete& KW - E-books KW - Labor KW - Demography KW - Emigration and Immigration KW - Foreign Exchange KW - Wages, Compensation, and Labor Costs: General KW - International Migration KW - Labor Demand KW - Demand and Supply of Labor: General KW - Employment KW - Wages KW - Intergenerational Income Distribution KW - Aggregate Human Capital KW - Aggregate Labor Productivity KW - Demographic Economics: General KW - Labor Force and Employment, Size, and Structure KW - Labour KW - income economics KW - Migration, immigration & emigration KW - Population & demography KW - Migration KW - Population and demographics KW - Labor force KW - Emigration and immigration KW - Economic theory KW - Population KW - United States KW - Income economics UR - https://www.unicat.be/uniCat?func=search&query=sysid:10692184 AB - We examine patterns of regional adjustments to shocks in the US during the past four decades. We find that the response of interstate migration to relative labor market conditions has decreased, while the role of the unemployment rate as absorber of regional shocks has increased. However, the response of net migration to regional shocks is stronger during aggregate downturns and increased particularly during the Great Recession. We offer a potential explanation for the cyclical pattern of migration response based on the variation in consumption risk sharing. ER -