A SIMPLE FORECASTING MODEL LINKING MACROECONOMIC POLICY TO INDUSTRIAL EMPLOYMENT DEMAND

Jim Malley and Thomas F. Hady

No 278020, Staff Reports from United States Department of Agriculture, Economic Research Service

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.

Keywords: Agricultural and Food Policy; Demand and Price Analysis (search for similar items in EconPapers)
Pages: 40
Date: 1988-04
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerssr:278020

DOI: 10.22004/ag.econ.278020

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