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detrended data for personal consumption expenditures and manufacturing output suggest that the U.S. economy has recovered to … near 90% of pre-pandemic levels as of March 2021, our structural VAR model shows that the component of manufacturing output …
Persistent link: https://www.econbiz.de/10012550202
Production capital and technology, fundamental to understanding output and productivity growth, are unobserved except … of capital and technology for the sample period. We apply the method to annual data from 1947-97 for U.S. total … manufacturing and compare the estimates with those reported by the Bureau of Labor Statistics. …
Persistent link: https://www.econbiz.de/10003120218
This paper finds a link between the sharp drop in U.S. manufacturing employment beginning in 2001 and a change in U …
Persistent link: https://www.econbiz.de/10010229883
manufacturing employment in the year of its country's manufacturing peak and the subsequent change in total employment, reflecting … the fact that cities where manufacturing was initially more important experienced larger negative labor demand shocks. But … manufacturing jobs. Overall, 34% of former manufacturing hubs-defined as cities with an initial manufacturing employment share in …
Persistent link: https://www.econbiz.de/10014444059
technology shocks in explaining aggregate fluctuations. To this end we estimate the model's posterior density using Markov …
Persistent link: https://www.econbiz.de/10003833344
colleges for low-income community college students. This paper explores the role that access to information technology, in …
Persistent link: https://www.econbiz.de/10010393654
technology and governments stepping up climate policies in the light of the Paris commitments to limit global warming to 1.5 or 2 … definition of stranded assets also includes countries reliant on fossil fuel exports and workers with technology-specific skills. …
Persistent link: https://www.econbiz.de/10012156424
the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being … force behind both recent reductions in U.S. manufacturing employment and-through input-output linkages and other general …
Persistent link: https://www.econbiz.de/10010528328
estimate the resulting price-setting equations for 18 US manufacturing industries defined at the SIC 2-digit level over the …
Persistent link: https://www.econbiz.de/10011508076
Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector …
Persistent link: https://www.econbiz.de/10012105572