Sources of Cyclical Employment Instability in Rural Counties

Deborah J. Brown and James Pheasant

American Journal of Agricultural Economics, 1987, vol. 69, issue 4, 819-827

Abstract: Cyclical employment instability at the county level is examined using monthly Indiana employment data for 1970–80 and a single-index portfolio model. Results show rural counties are more responsive to systematic or cyclical employment instability than urban counties. At the state level, a high percentage employed in manufacturing has been associated with greater employment instability over the business cycle. This relationship does not hold at the county level where most manufacturing sectors seem to cyclically stabilize the counties in which they appear.

Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:69:y:1987:i:4:p:819-827.

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