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~institution:"CESifo"
~institution:"Federal Reserve Bank of New York"
~person:"Abel, Jaison R."
~person:"Potter, Simon"
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Abel, Jaison R.
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Markov switching in disaggregate unemployment rates
Chauvet, Marcelle
;
Juhn, Chinhui
;
Potter, Simon
-
Federal Reserve Bank of New York
-
2001
We develop a dynamic factor model with Markov switching to examine secular and business cycle fluctuations in U.S. unemployment rates. We extract the common dynamics among unemployment rates disaggregated for seven age groups. The framework allows analysis of the contribution of demographic...
Persistent link: https://www.econbiz.de/10005526273
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2
Recent changes in the U.S. business cycle
Chauvet, Marcelle
;
Potter, Simon
-
Federal Reserve Bank of New York
-
2001
The U.S. business cycle expansion that started in March 1991 is the longest on record. This paper uses statistical techniques to examine whether this expansion is a onetime unique event or whether its length is a result of a change in the stability of the U.S. economy. Bayesian methods are used...
Persistent link: https://www.econbiz.de/10005526294
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3
Nonlinear risk
Chauvet, Marcelle
;
Potter, Simon
-
Federal Reserve Bank of New York
-
1999
This paper proposes a flexible framework for analyzing the joint time series properties of the level and volatility of expected excess stock returns. An unobservable dynamic factor is constructed as a nonlinear proxy for the market risk premia with its first moment and conditional volatility...
Persistent link: https://www.econbiz.de/10005420620
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4
Agglomeration and job matching among college graduates
Abel, Jaison R.
;
Deitz, Richard
-
Federal Reserve Bank of New York
-
2012
contribution of such job matching to aggregate urban
productivity
appears to be relatively modest. …
Persistent link: https://www.econbiz.de/10010599810
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5
Knowledge in cities
Gabe, Todd
;
Abel, Jaison R.
;
Ross, Adrienne
;
Stolarick, …
-
Federal Reserve Bank of New York
-
2010
Engineering, Enterprising, and Building Regions are associated with higher levels of
productivity
and earnings per capita, while …
Persistent link: https://www.econbiz.de/10008643783
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