Income persistence and macro-policy feedbacks in the US

Article Abstract:

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.

Economic policy

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The effect of deindustrialization on area income: myth vs. reality

Article Abstract:

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.

Industrial development, Industrialization, South Bend, Indiana

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Country competition and US Overseas Assembly

Article Abstract:

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.

United States, Foreign operations, Use of services, Manufacturing industry, Manufacturing industries, Tax policy, Foreign operations (Business), Outsourcing

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