IDEAS home Printed from https://ideas.repec.org/p/ags/uerssr/278020.html

A Simple Forecasting Model Linking Macroeconomic Policy To Industrial Employment Demand

Author

Listed:
  • Malley, James R.
  • Hady, Thomas F.

Abstract

Simulation through a model linking monetary and fiscal policy to industrial employment in metro and nonmetro areas of four U.S. regions suggests that changes in monetary and fiscal policy have significantly different effects in different parts of the country. The magnitude of the employment impact on nonmetro areas depends on assumptions about industrial composition and worker compensation.

Suggested Citation

  • Malley, James R. & Hady, Thomas F., 1988. "A Simple Forecasting Model Linking Macroeconomic Policy To Industrial Employment Demand," Staff Reports 278020, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:278020
    DOI: 10.22004/ag.econ.278020
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/278020/files/ers-report-345.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.278020?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. F. P. R. Brechling, 1965. "The Relationship between Output and Employment in British Manufacturing Industries," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 32(3), pages 187-216.
    2. Hali J. Edison & Jaime R. Marquez & Ralph W. Tryon, 1986. "The structure and properties of the FRB multicountry model.Part I: Model description and simulation results," International Finance Discussion Papers 293, Board of Governors of the Federal Reserve System (U.S.).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hamrick, Karen S., 1991. "Macroeconomic Impacts on Nonmetro Unemployment: Preliminary Research," Staff Reports 278579, United States Department of Agriculture, Economic Research Service.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Agnès Bénassy & Henri Sterdyniak, 1992. "La détermination des taux de change dans les modèles multinationaux : l'état de l'art," Économie et Prévision, Programme National Persée, vol. 104(3), pages 39-71.
    2. Meller, Patrício, 1980. "Enfoques sobre demanda de trabalho: relevância para a América Latina," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 34(1), January.
    3. Robert Dixon & David Shepherd, 2010. "Models of labour services and estimates of total factor productivity," Applied Economics, Taylor & Francis Journals, vol. 42(28), pages 3629-3634.
    4. Jean‐Pierre Huiban, 2009. "Urban versus Rural Firms: Does Location Affect Labor Demand?," Growth and Change, Wiley Blackwell, vol. 40(4), pages 649-672, December.
    5. Yves Rabeau, 1976. "La prévision de l’emploi dans le modèle de l’IRIC," L'Actualité Economique, Société Canadienne de Science Economique, vol. 52(2), pages 149-168.
    6. Wolfgang W. Franz, 1971. "A Theoretical Model of the Employment Impacts of Defense Contracts and Private Orders, with Empirical Applications to the Aircraft Industry," The American Economist, Sage Publications, vol. 15(1), pages 23-37, March.
    7. Afşin Şahin & Aysit Tansel & M. Hakan Berument, 2015. "Output–Employment Relationship Across Sectors: A Long- Versus Short-Run Perspective," Bulletin of Economic Research, Wiley Blackwell, vol. 67(3), pages 265-288, July.
    8. Olivier Cortès & Sébastien Jean, 1997. "Quel est l'impact du commerce extérieur sur la productivité et l'emploi ?," Working Papers 1997-08, CEPII research center.
    9. Brigitte Dormont, 1984. "Productivité-croissance. Quelle relation à moyen-long terme ? Un rapprochement des modèles de Brechling et de Kaldor-Verdoorn," Revue Économique, Programme National Persée, vol. 35(3), pages 447-478.
    10. Simon Cueva & Eric Heyer & Dominique Taddéi, 1998. "Fondements microéconomiques de la durée du travail et politiques de réduction," Revue de l'OFCE, Programme National Persée, vol. 64(1), pages 69-95.
    11. Namazie, Ceema Zahra, 2003. "Why labour hoarding may be rational: a model of firm behaviour during transition," LSE Research Online Documents on Economics 6361, London School of Economics and Political Science, LSE Library.
    12. repec:spo:wpecon:info:hdl:2441/1950 is not listed on IDEAS
    13. Revoredo-Giha, Cesar & Leat, Philip M.K. & Renwick, Alan W., 2012. "The relationship between output and unemployment in Scotland: A regional analysis," Working Papers 131465, Scotland's Rural College (formerly Scottish Agricultural College), Land Economy & Environment Research Group.
    14. Panos, Georgios & Theodossiou, Ioannis, 2010. "Unionism and Peer-Referencing," Stirling Economics Discussion Papers 2010-03, University of Stirling, Division of Economics.
    15. Bernanke, Ben S, 1986. "Employment, Hours, and Earnings in the Depression: An Analysis of EightManufacturing Industries," American Economic Review, American Economic Association, vol. 76(1), pages 82-109, March.
    16. repec:spo:wpmain:info:hdl:2441/1950 is not listed on IDEAS
    17. repec:eee:labchp:v:2:y:1986:i:c:p:789-848 is not listed on IDEAS
    18. Kuroda, Sachiko & Yamamoto, Isamu, 2013. "Firms’ demand for work hours: Evidence from matched firm-worker data in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 29(C), pages 57-73.
    19. Bernanke, Ben S & Parkinson, Martin L, 1991. "Procyclical Labor Productivity and Competing Theories of the Business Cycle: Some Evidence from Interwar U.S. Manufacturing Industries," Journal of Political Economy, University of Chicago Press, vol. 99(3), pages 439-459, June.
    20. Robert Dixon & John Freebairn & G C Lim, 2004. "An Employment Equation For Australia: 1966-2001," Department of Economics - Working Papers Series 892, The University of Melbourne.
    21. Van Audenrode, Marc A, 1994. "Short-Time Compensation: Job Security, and Employment Contracts: Evidence from Selected OECD Countries," Journal of Political Economy, University of Chicago Press, vol. 102(1), pages 76-102, February.
    22. Ceema Zahra Namazie, 2003. "Why Labour Hoarding may be Rational: A model of firm behaviour during transition," CASE Papers 069, Centre for Analysis of Social Exclusion, LSE.
    23. Dietz, Martin & Stops, Michael & Walwei, Ulrich, 2012. "Securing Jobs in Times of Recession. The German Experience during the Financial Crisis 2008/2009/Asegurando los puestos de trabajo en tiempos de recesión. La experiencia alemana durante la crisis fina," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 30, pages 59-100, Abril.

    More about this item

    Keywords

    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uerssr:278020. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ersgvus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.