Estimating Employment Dynamics Across Occupations and Sectors of Industry
43 Pages Posted: 15 Oct 2009
Abstract
In this paper, we estimate the demand for workers by sector and occupation using system dynamic OLS techniques to account for the employment dynamics dependence across occupations and sectors of industry. The short run dynamics are decomposed into intra and intersectoral dynamics. We find that employment by occupation and sector is significantly affected by the short run intersectoral dynamics, using Dutch data for the period 1988-2003. On average, these intersectoral dynamics account for 20% of the predicted occupational employment.
Keywords: labour demand, occupational structure, intra and intersectoral dynamics, system dynamic OLS
JEL Classification: J21, J23
Suggested Citation: Suggested Citation
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