The Differential Effects of Output Shocks on Unemployment Rates by Race and Gender
AbstractThis article employs a recently developed time-series econometric technique to examine the magnitude and persistence of unanticipated changes in real output on unemployment rates by race and gender. Through the use of generalized impulse response analysis, we measure the extent to which the behavior of unemployment rates of white males, black males, black females, and white females differ in response to real output shocks. The results suggest that, while real output growth reduces the unemployment rate of all demographic groups, the effect is larger and more persistent for blacks than whites and for males than for females. The findings are particularly important for understanding the demographic impacts of policy initiatives aimed at inducing changes in real output growth.
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Bibliographic InfoArticle provided by Southern Economic Association in its journal Southern Economic Journal.
Volume (Year): 68 (2002)
Issue (Month): 3 (January)
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- Hakan Berument & Nukhet Dogan & Aysit Tansel, 2008.
"Macroeconomic Policy and Unemployment by Economic Activity: Evidence from Turkey,"
2008/7, Turkish Economic Association.
- M. Hakan Berument & Nukhet Dogan & Aysit Tansel, 2009. "Macroeconomic Policy and Unemployment by Economic Activity: Evidence from Turkey," Emerging Markets Finance and Trade, M.E. Sharpe, Inc., vol. 45(3), pages 21-34, May.
- Hakan Berument & Nukhet Dogan & Aysit Tansel, 2008. "Macroeconomic Policy and Unemployment by Economic Activity: Evidence from Turkey," ERC Working Papers 0803, ERC - Economic Research Center, Middle East Technical University, revised Apr 2008.
- Hakan Berument & Nukhet Dogan & Aysit Tansel, 2008. "Macroeconomic Policy and Unemployment by Economic Activity: Evidence from Turkey," Working Papers 429, Economic Research Forum, revised Aug 2008.
- Berument, Hakan & Dogan, Nukhet & Tansel, Aysit, 2008. "Macroeconomic Policy and Unemployment by Economic Activity: Evidence from Turkey," IZA Discussion Papers 3461, Institute for the Study of Labor (IZA).
- Peiró, Amado & Belaire-Franch, Jorge & Gonzalo, Maria Teresa, 2012. "Unemployment, cycle and gender," Journal of Macroeconomics, Elsevier, vol. 34(4), pages 1167-1175.
- Herve Queneau & Amit Sen, 2009. "Regarding the unemployment gap by race and gender in the United States," Economics Bulletin, AccessEcon, vol. 29(4), pages 2749-2757.
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