Income persistence and macro-policy feedbacks in the US
An analysis of the annual time series of aggregate real income per head in the US is presented where elements from recent univariate time series analyses are integrated. The analysis showed that significant reversion in trends in the US could affect aggregate real per capita income even as a shift in the country's structural macropolicy reaction function resulted in a shift in the reduced form income forecasting equation. It also proved the effectiveness of monetary policy on real output or income and supported the possibility of making useful real income forecasts as far as three years ahead.
Publication Name: Oxford Bulletin of Economics & Statistics
The effect of deindustrialization on area income: myth vs. reality
The effects of deindustrialization on South Bend, IN, and the US as a whole are studied. The nonmanufacturing sector has begun to employ a labor percentage of the labor force while salary differences between manufacturing and nonmanufacturing workers have increased according to economic analysts. However, payroll earnings per employee generally rose between 1956 to 1989 which offset the increase in nonmanufacturing employment.
Publication Name: Economic Development Review
Country competition and US Overseas Assembly
A study examines the impact of domestic cost of production and taxes on the decision of United States companies to outsource production. The focus is on the United States Overseas Assembly Program.
Publication Name: World Economy
- Abstracts: Role of technology in the emergence of newly industrializing countries. Does entry size matter? The impact of the life cycle and technology on firm survival
- Abstracts: Actions versus prospects: the effect of problem representation on regret. The effects of Ph.D. supply on minority faculty representation
- Abstracts: Do capital controls and macroeconomic policies influence the volume and composition of capital flows? Evidence from the 1990s
- Abstracts: Monetary policy uncertainty and inflation: the role of central bank accountability. The recent failure of U.S. monetary policy
- Abstracts: Robust control of forward-looking models. The role of preference shocks and capital utilization in the Great Depression