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Presentation to Portland community leaders, Portland, Oregon, September 4, 2013
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Presentation to Financial Executives International, San Francisco, CA, April 15, 2010
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Remarks at the Chattanooga Area Chamber of Commerce, Chattanooga, Tennessee, August 26, 2009
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Since World War II, about 75 percent of government consumption in the U.S. economy has been spent on labor services. I distinguish the goods and the employment compensation components of government consumption in assessing the effects of fiscal shocks on main macroeconomic variables. Identifying...
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The share of employment in manufacturing as well as the relative price of manufactures has declined sharply over the postwar period, while the share of manufacturing output relative to GDP has remained roughly constant. Household preferences turn out to play a key role in reconciling this...
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The share of employment in manufacturing as well as the relative price of manufactures has declined sharply over the postwar period, while the share of manufacturing output relative to GDP has remained roughly constant. Household preferences turn out to play a key role in reconciling this...
Persistent link: https://www.econbiz.de/10005514429