Poverty and Change in the Macroeconomy: A Dynamic Macroeconometric Model.
This paper analyzes the impact of macroeconomic activity on the level of poverty in the U.S. economy. The authors us e a macroeconometric model of poverty in the United States where the rat e of poverty is presumed to depend upon changes in various indicators of macroeconomic performance and policy. The authors empirically model the relationship between poverty and the macroeconomy with a hybrid mode l that employs a reduced-form model to capture the dynamic interaction s among the data and a structural economic model to describe the contemporaneous relationship between the variables. Copyright 1993 by MIT Press.
Year of publication: |
1993
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Authors: | Balke, Nathan S ; Slottje, Daniel J |
Published in: |
The Review of Economics and Statistics. - MIT Press. - Vol. 75.1993, 1, p. 117-22
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Publisher: |
MIT Press |
Saved in:
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