RDP 9801: Labour Market Adjustment: Evidence on Interstate Labour Mobility Equation (1)

Δe m jt = α 1,j + ∑ s=1 n δ 1,s Δe m t−s + ∑ s=1 n β 1,s u r t−s + ∑ s=1 n ϕ 1,s p r t−s + ε 1jt u r jt = α 2,j + ∑ s=0 n δ 2,s Δe m t−s + ∑ s=1 n β 2,s u r t−s + ∑ s=1 n ϕ 2,s p r t−s + ε 2jt p r jt = α 3,j + ∑ s=0 n δ 3,s Δe m t−s + ∑ s=1 n β 3,s u r t−s + ∑ s=1 n ϕ 3,s p r t−s + ε 3jt MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@F8C7@