Regional Cycles of Manufacturing Employment in the United States PDF Download
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Author: George H. Borts
Publisher:
ISBN:
Category :
Languages : en
Pages : 226
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Author: George H. Borts
Publisher:
ISBN:
Category :
Languages : en
Pages : 226
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Book Description
Author: George Borts
Publisher:
ISBN:
Category :
Languages : en
Pages : 76
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Author: Mr.Ayhan Kose
Publisher: International Monetary Fund
ISBN: 1451870019
Category : Business & Economics
Languages : en
Pages : 51
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Book Description
This paper analyzes the evolution of the degree of global cyclical interdependence over the period 1960-2005. We categorize the 106 countries in our sample into three groups-industrial countries, emerging markets, and other developing economies. Using a dynamic factor model, we then decompose macroeconomic fluctuations in key macroeconomic aggregates-output, consumption, and investment-into different factors. These are: (i) a global factor, which picks up fluctuations that are common across all variables and countries; (ii) three group-specific factors, which capture fluctuations that are common to all variables and all countries within each group of countries; (iii) country factors, which are common across all aggregates in a given country; and (iv) idiosyncratic factors specific to each time series. Our main result is that, during the period of globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies and among the group of emerging market economies. Surprisingly, there has been a concomitant decline in the relative importance of the global factor. In other words, there is evidence of business cycle convergence within each of these two groups of countries but divergence (or decoupling) between them.
Author: William R. Barnes
Publisher: SAGE
ISBN: 0761909397
Category : Science
Languages : en
Pages : 209
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Book Description
The politics and economics of the United States are wedded in the political economy of the nation state and the nationalist economic policies. This `nationalist paradigm' is, however, showing the following signs of fatigue: the role of the nation state is diminishing as the economy globalizes; US national accounting systems are less effective, technology forces change; trading blocs are emerging; there is less control of exchange rates; regional economies are restructuring; and competitive environments are changing. This book proposes that political jurisdictions are not economies but polities, and explores the complex and important economic implications of this thesis.
Author:
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 1236
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Author: Gerhard Bry
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 40
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Author: Harry W. Richardson
Publisher: Springer
ISBN: 1349154040
Category : Business & Economics
Languages : en
Pages : 254
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Author: United States. Advisory Commission on Intergovernmental Relations
Publisher:
ISBN:
Category : Economic assistance, Domestic
Languages : en
Pages : 156
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Author: Council of State Planning Agencies
Publisher: Durham, N.C. : Duke University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 296
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Book Description
Two hundred years ago, Samuel Johnson observed that a society's level of civilization could be gauged by the manner in which it treated its poor. By that measure, the United States today is steadily losing ground. Whereas the number of officially defined poor dwindled steadily from the enactment of the Great Society programs in the mid-1960s, reaching a low of 24.5 million people in 1978, it has since risen to more than 32 million people. Although the economy continues to generate large numbers of new jobs, the basic unemployment rate continues to rise and current projections show little likelihood of unemployment rates consistently below 10 percent until some time after 1984, if then. In the years to come, the creation of an equitable and workable employment policy will be a major agenda item for politicians and policy makers at the state level, as well as for national leaders.
Author: United States. Advisory Commission on Intergovernmental Relations
Publisher:
ISBN:
Category : Intergovernmental tax relations
Languages : en
Pages : 412
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Book Description
