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Demand-Driven Propagation : Evidence from the Great Recession

This paper provides empirical evidence for the Keynesian demand-driven propagation: initial rounds of job losses lead to additional rounds of job losses. The paper shows that U.S. counties with higher pre-existing exposure to tradable industries ex...

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Bibliographic Details
Main Author: Nguyen, Hu
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
JOBS
EMPLOYMENT
MONETARY POLICY
STORE
MULTIPLIERS
PRODUCTION
FINANCING
RETIREMENT
MINIMUM WAGE
INCOME
SERVICE SECTOR
INTEREST RATE
LIQUIDITY
EXPORTS
ELASTICITY
HEALTH CARE
POLITICAL ECONOMY
RECESSION
JOB
COMPANIES
EFFECTS
INCENTIVES
HEALTH
ECONOMIC POLICY
LABOR ECONOMICS
RISING UNEMPLOYMENT
LOAN
VARIABLES
LABOR STATISTICS
WEALTH
JOB LOSSES
BANK LENDING
CHOICE
LABOR MARKET
KEYNESIAN ECONOMICS
GOVERNMENT REGULATIONS
UNEMPLOYED WORKERS
WAGE ADJUSTMENT
WORKER
UNEMPLOYED
JOB LOSS
DEBT
MARKETS
HOUSEHOLD INCOME
LABOR MARKET OUTCOME
ORGANIZATIONS
BUSINESS CYCLE
LABOR
TOTAL EMPLOYMENT
FINANCE
STORES
TAXES
AGGREGATE DEMAND EFFECTS
UNEMPLOYMENT
CONSUMPTION
FIRMS
WORKERS
WAGES
POLICIES
LOCAL LABOR MARKETS
UNEMPLOYMENT RATE
WAGE RIGIDITY
LABOR DEMAND
HIGH EMPLOYMENT
CARE
CREDIT
MACROECONOMICS
ECONOMIC SECTORS
PURCHASING POWER
DEMAND
NOMINAL WAGES
AGGREGATE DEMAND
CONSUMERS
ENTERPRISE
EMPLOYMENT GROWTH
DOWNWARD BIAS
MARKET
BENCHMARK
ECONOMICS
SERVICE INDUSTRY
MACROECONOMIC EFFECTS
MANUFACTURING INDUSTRIES
GOODS
THEORY
INVESTMENT
POVERTY
CRISES
SUPPLY
INNOVATION
POPULATION
LABOR SUPPLY
BORROWING
LENDING
LOCAL LABOR MARKET
ECONOMIC HISTORY
FULL EMPLOYMENT
LABOR MARKETS
SEE
LABOR SHARE
PRICES
LABOR REALLOCATION
DEVELOPMENT POLICY
Online Access:http://documents.worldbank.org/curated/en/2015/10/25202680/demand-driven-propagation-evidence-great-recession
http://hdl.handle.net/10986/22869

Internet

http://documents.worldbank.org/curated/en/2015/10/25202680/demand-driven-propagation-evidence-great-recession
http://hdl.handle.net/10986/22869

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