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Paperback Economic Analysis of Effects of Business Cycles on the Economy of Cities: Variations in Cyclical Employment Book

ISBN: 128892903X

ISBN13: 9781288929030

Economic Analysis of Effects of Business Cycles on the Economy of Cities: Variations in Cyclical Employment

There are wide variations in the severity with which regions experience national recessions (Borts 1960], Browne 1978], Freidenberg and Bretzfelder 1980], Gellner 1974], Howland 1979,1981], SUQ and Rush (1975]). This paper presents and tests an econometric model to explain these cross-regional differences in cyclical behavior. The model, based on export base theory, is tested with state-level data from the five post-World War II recessions between...

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