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Global and National Shocks Explain A Large Share of State Job Growth

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Listed:
  • Alexander Chudik
  • Janet Koech
  • Mark A. Wynne

Abstract

Global and U.S. national shocks on average appear to equally explain more than half of the fluctuations in state employment growth, an important measure of assessing real economic activity. The overall assessment, however, conceals a wide variation among states.

Suggested Citation

  • Alexander Chudik & Janet Koech & Mark A. Wynne, 2017. "Global and National Shocks Explain A Large Share of State Job Growth," Economic Letter, Federal Reserve Bank of Dallas, vol. 12(10), pages 1-4, October.
    • Handle: RePEc:fip:feddel:00050
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