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The 1987 stock market crash and New York City employment: an intervention-multiplier analysis

Article Abstract:

A multiplier-analysis model was used to develop a time series model that would describe and predict the consequences of the New York City stock market crash in 1987. Results show that a pervasive change in the structure of New York City's securities industry has resulted. The loss of 24,900 jobs and indications of a further 90,000 projected decline demonstrates the effect industry adjustments on a national or international scale can affecct local governments.

Author: Blackley, Paul R.
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Regional Science
Subject: Social sciences
ISSN: 0022-4146
Year: 1992
Usage, New York, New York, Stock Market Crash, 1987, Multipliers (Mathematical analysis)

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A robust approach to predicting fluctuations in state-level employment growth

Article Abstract:

A forecasting technique based on an autoregressive leading indicators model has been used to form robust composite forecasts of the direction of motion in a series of state-level employment data. The approach was assumed to eliminate forecast errors caused by changing economic conditions. Application of the technique to a data set of Georgia employment figures showed that it is an effective method for forecasting state-level employment.

Author: Li, David T., Dorfman, Jeffrey H.
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Regional Science
Subject: Social sciences
ISSN: 0022-4146
Year: 1995
Models, Economic forecasting, Georgia, Employment forecasting

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The effects of taxes, expenditures, and public infrastructure on metropolitan area employment

Article Abstract:

Analyses of data from 28 metropolitan areas show that a city government's tax programs and its education and public infrastructure expenditures do not have any significant effect on its industrial composition. However, it is observed that taxes have a negative impact on total employment while education spending promotes total employment.

Author: Dalenberg, Douglas R., Partridge, Mark D.
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Regional Science
Subject: Social sciences
ISSN: 0022-4146
Year: 1995
Infrastructure (Economics), Economic aspects, Public works, Taxation

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Subjects list: Analysis, Employment
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