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Journal Article
Sources of New York employment fluctuations
Sbordone, Argia M.; Kuttner, Kenneth N. (1997-02)
The authors analyze employment growth in the metropolitan region and its relationship to employment in the United States as a whole. They identify a strong cyclical link between the region and the nation, punctuated by occasional, persistent shifts in the region's underlying growth rate. Some shifts are found to be related to industry factors, such as the restructuring of financial services in the late 1980s. However, the authors attribute a large and increasing share of New York employment fluctuations to region-specific factors.
Economic Policy Review , Volume 3 , Issue Feb , Pages 21-35

Journal Article
Performance of metropolitan area industries
Drennan, Matthew P. (1997-02)
In the New York metropolitan region, job losses have been more severe and economic recovery slower than in most other metropolitan areas. But a more interesting, and less pessimistic, story is revealed by regional income: an analysis of aggregate earnings shows that incomes in the region are higher now, in real terms, than they were in 1988. That rise, the author contends, reflects increased productivity and a potential shift in industry composition from less productive to more productive industries.
Economic Policy Review , Volume 3 , Issue Feb , Pages 49-60

Journal Article
Cyclical implications of the declining manufacturing employment share
Filardo, Andrew J. (1997-04)
Over the last 35 years, the U.S. economy has created service sector jobs at a faster pace than manufacturing sector jobs. Not only has this trend led to a significant shift in the composition of the labor force from manufacturing to services, but it has also fundamentally changed the characteristics of the average workplace. ; Some economists have argued that the ongoing structural shifts from manufacturing employment to services employment may have had the additional consequence of smoothing the business cycle. A smoother cycle would be welcomed and would yield several benefits. The economy ...
Economic Review , Volume 82 , Issue Q II , Pages 63-87

Working Paper
A model of the employment effects of a local labor tax
Sherwood-Call, Carolyn (1986)
Working Papers in Applied Economic Theory , Paper 86-09

Working Paper
The suburban housing market: effects of city and suburban employment growth
Voith, Richard (1996)
Communities in close proximity to areas of growing employment will experience greater upward housing demand shifts from job growth than more distant communities, but the housing market response will depend on the elasticity of supply, which is likely to differ cross communities. Using a data set of over 88,000 housing sales in suburban Philadelphia, the author finds that city employment growth has a significant positive effect on suburban house values; this effect is largest for housing closest to the central business district and declines with distance from the CBD. City employment growth ...
Working Papers , Paper 96-15

Journal Article
Using cyclical regimes of output growth to predict jobless recoveries
Dueker, Michael J. (2006-03)
Gaps between output and employment growth are often attributed to transitional phases by which the economy adjusts to shifts in the rate of trend productivity growth. Nevertheless, cyclical factors can also drive a wedge between output and employment growth. This article shows that one measure of cyclical dynamics-the expected output loss associated with a recession-helps predict the gap between output and employment growth in the coming four quarters. This measure of the output loss associated with a recession can take unexpected twists and turns as the recovery unfolds. The empirical ...
Review , Volume 88 , Issue Mar , Pages 145-154

Report
A panel study of the effects of leverage on investment and employment
Cantor, Richard (1990)
Research Paper , Paper 9011

Working Paper
Family structure and sex differences in postdisplacement outcomes
Rodriguez, Daniel; Zavodny, Madeline (2001)
Labor force outcomes after an involuntary job loss tend to differ systematically between men and women, with women experiencing a lower probability of finding another job, a longer average duration of nonemployment, and larger losses in hours given reemployment. This study examines the role of family structure in such sex differences in postdisplacement outcomes. Data from the Panel Study of Income Dynamics indicate that unmarried women have postdisplacement outcomes similar to men whereas married women?s outcomes differ considerably from those of men. The presence of children in the ...
FRB Atlanta Working Paper , Paper 2001-14

Discussion Paper
Hours and employment variation in business cycle theory
Kydland, Finn E.; Prescott, Edward C. (1989)
Previous business cycle models have made the assumption that all the variation in the labor input is either due to changes in hours per worker or changes in number of workers, but not both. In this paper, both vary. We think this a better model for estimating the contribution of Solow technology shocks to aggregate fluctuations. We find that about 70 percent of U.S. postwar cyclical fluctuations are induced by variations in the Solow technology parameter.
Discussion Paper / Institute for Empirical Macroeconomics , Paper 17

Journal Article
The tortoise revises the hare
Ritter, Joseph A. (1997-07)
National Economic Trends , Issue Jul

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