Poverty and Change in the Macroeconomy: A Dynamic Macroeconometric Model
AbstractThis paper analyzes the impact of macroeconomic activity on the level of poverty in the U.S. economy. The authors us e a macroeconometric model of poverty in the United States where the rat e of poverty is presumed to depend upon changes in various indicators of macroeconomic performance and policy. The authors empirically model the relationship between poverty and the macroeconomy with a hybrid mode l that employs a reduced-form model to capture the dynamic interaction s among the data and a structural economic model to describe the contemporaneous relationship between the variables. Copyright 1993 by MIT Press.
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Bibliographic InfoArticle provided by MIT Press in its journal Review of Economics & Statistics.
Volume (Year): 75 (1993)
Issue (Month): 1 (February)
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- Dierk HERZER & Rainer KLUMP, 2009.
"Poverty, Government Transfers, And The Business Cycle: Evidence For The United States,"
Applied Econometrics and International Development,
Euro-American Association of Economic Development, vol. 9(2).
- Dierk Herzer & Rainer Klump, 2006. "Poverty, Government Transfers, and the Business Cycle: Evidence for the United States," Ibero America Institute for Econ. Research (IAI) Discussion Papers 141, Ibero-America Institute for Economic Research.
- Sharpe, Andrew & Zyblock, Myles, 1997. "Macroeconomic performance and income distribution in Canada," The North American Journal of Economics and Finance, Elsevier, vol. 8(2), pages 167-199.
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