Employment Multipliers in the U.S. Economy
Author | : Dean Baker |
Publisher | : |
Total Pages | : 28 |
Release | : 1993 |
Genre | : Industries |
ISBN | : 9780944826553 |
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Author | : Dean Baker |
Publisher | : |
Total Pages | : 28 |
Release | : 1993 |
Genre | : Industries |
ISBN | : 9780944826553 |
Author | : S. Pleeter |
Publisher | : Springer Science & Business Media |
Total Pages | : 202 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 9401174059 |
As a result of a contract awarded by the Construction Engineering Research Laboratory, U.S. Army Corps of Engineers, and the Environmental Pro tection Agency, a workshop on the methodology of economic impact analy sis was held at Hueston Woods State Park Lodge in Oxford, Ohio, April 13-15, 1977. Leading researchers in regional modeling were gathered to take stock of current developments in the field and to put forth new ideas and directions for research. Also attending the workshops were individuals from various governmental agencies that use regional models and economic impact statements. Preliminary versions of the papers appearing in this vol ume served as focal points for discussions that have hopefully continued, stimulating further thinking of the problems addressed. The objectives of the conference were not only to explore recent develop ments in methodology but also to expose users of economic impact analyses to a wide variety of models and applications and to acquaint academicians with the needs of users. The papers appearing in this volume represent only a portion of the output of this workshop.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 47 |
Release | : 2021-03-19 |
Genre | : Business & Economics |
ISBN | : 1513574469 |
This paper provides estimates of output multipliers for spending in clean energy and biodiversity conservation, as well as for spending on non-ecofriendly energy and land use activities. Using a new international dataset, we find that every dollar spent on key carbon-neutral or carbon-sink activities can generate more than a dollar’s worth of economic activity. Although not all green and non-ecofriendly expenditures in the dataset are strictly comparable due to data limitations, estimated multipliers associated with spending on renewable and fossil fuel energy investment are comparable, and the former (1.1-1.5) are larger than the latter (0.5-0.6) with over 90 percent probability. These findings survive several robustness checks and lend support to bottom-up analyses arguing that stabilizing climate and reversing biodiversity loss are not at odds with continuing economic advances.
Author | : Jeff V. Conopask |
Publisher | : |
Total Pages | : 36 |
Release | : 1978 |
Genre | : Employment (Economic theory) |
ISBN | : |
Author | : Ha Nguyen (Economist) |
Publisher | : |
Total Pages | : 36 |
Release | : 2017 |
Genre | : Multiplier (Economics) |
ISBN | : |
This paper estimates dynamic employment multipliers in a U.S. county during 1998-2015. On average, one exogenous tradable job gain creates 1.1 jobs in the rest of the county economy in the same year, but is offset by losses of 0.23 job one year later and 0.32 job two years later. The multiplier is modest during the 2002-2007 boom and is large during the Great Recession. It is smaller in the initial years of the Recovery but is larger in the latter years. Uncertainty and credit constraints are two possible hindrances to the propagation of job gains during the Recovery.
Author | : Robert H. Elrod |
Publisher | : |
Total Pages | : 31 |
Release | : 1970 |
Genre | : Input-output analysis |
ISBN | : |
Author | : Robert H. Elrod |
Publisher | : |
Total Pages | : 31 |
Release | : 1970 |
Genre | : |
ISBN | : |
Author | : Timothy J. Bartik |
Publisher | : W.E. Upjohn Institute |
Total Pages | : 180 |
Release | : 2019-10-15 |
Genre | : Political Science |
ISBN | : 0880996684 |
Bartik provides a clear and concise overview of how state and local governments employ economic development incentives in order to lure companies to set up shop—and provide new jobs—in needy local labor markets. He shows that many such incentive offers are wasteful and he provides guidance, based on decades of research, on how to improve these programs.
Author | : United States. Congress. Joint Economic Committee |
Publisher | : |
Total Pages | : 1778 |
Release | : 1959 |
Genre | : Employment stabilization |
ISBN | : |
Explores the possibility of combining three economically desirable goals: an adequate rate of economic growth, substantially full employment or maximum employment, and substantial price stability.
Author | : Ethan Ilzetzki |
Publisher | : International Monetary Fund |
Total Pages | : 68 |
Release | : 2011-03-01 |
Genre | : Business & Economics |
ISBN | : 1455218022 |
We contribute to the intense debate on the real effects of fiscal stimuli by showing that the impact of government expenditure shocks depends crucially on key country characteristics, such as the level of development, exchange rate regime, openness to trade, and public indebtedness. Based on a novel quarterly dataset of government expenditure in 44 countries, we find that (i) the output effect of an increase in government consumption is larger in industrial than in developing countries, (ii) the fisscal multiplier is relatively large in economies operating under predetermined exchange rate but zero in economies operating under flexible exchange rates; (iii) fiscal multipliers in open economies are lower than in closed economies and (iv) fiscal multipliers in high-debt countries are also zero.