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 experienced larger job losses in non-tradable sectors...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2015
|
| Schriftenreihe: | World Bank E-Library Archive
|
| Online-Zugang: | Volltext |
| Zusammenfassung: | 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 experienced larger job losses in non-tradable sectors during the Great Recession. This was arguably because laid-off tradable workers cut their consumption, which hurts local non-tradable firms. The finding is not driven by exposure to the construction sector, by the collapse in house prices, or by credit supply problems. In addition, the spillover is stronger when the focus is on the job losses of more income-elastic non-tradable sectors |
| Beschreibung: | 1 Online-Ressource (35 p) |
| DOI: | 10.1596/1813-9450-7456 |
Internformat
MARC
| LEADER | 00000nmm a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV048270047 | ||
| 003 | DE-604 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 220609s2015 |||| o||u| ||||||eng d | ||
| 024 | 7 | |a 10.1596/1813-9450-7456 |2 doi | |
| 035 | |a (ZDB-1-WBA)NLM010473114 | ||
| 035 | |a (OCoLC)1334039981 | ||
| 035 | |a (DE-599)GBVNLM010473114 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-12 |a DE-521 |a DE-573 |a DE-523 |a DE-Re13 |a DE-19 |a DE-355 |a DE-703 |a DE-91 |a DE-706 |a DE-29 |a DE-M347 |a DE-473 |a DE-824 |a DE-20 |a DE-739 |a DE-1043 |a DE-863 |a DE-862 | ||
| 100 | 1 | |a Nguyen, Ha |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Demand-Driven Propagation |b Evidence from the Great Recession |c Nguyen, Ha |
| 264 | 1 | |a Washington, D.C |b The World Bank |c 2015 | |
| 300 | |a 1 Online-Ressource (35 p) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a World Bank E-Library Archive | |
| 520 | |a 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 experienced larger job losses in non-tradable sectors during the Great Recession. This was arguably because laid-off tradable workers cut their consumption, which hurts local non-tradable firms. The finding is not driven by exposure to the construction sector, by the collapse in house prices, or by credit supply problems. In addition, the spillover is stronger when the focus is on the job losses of more income-elastic non-tradable sectors | ||
| 700 | 1 | |a Nguyen, Ha |4 oth | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Nguyen, Ha |t Demand-Driven Propagation: Evidence from the Great Recession |d Washington, D.C : The World Bank, 2015 |
| 856 | 4 | 0 | |u https://doi.org/10.1596/1813-9450-7456 |x Verlag |z kostenfrei |3 Volltext |
| 912 | |a ZDB-1-WBA | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033650242 | |
Datensatz im Suchindex
| _version_ | 1812671778082783233 |
|---|---|
| adam_text | |
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | Nguyen, Ha |
| author_facet | Nguyen, Ha |
| author_role | aut |
| author_sort | Nguyen, Ha |
| author_variant | h n hn |
| building | Verbundindex |
| bvnumber | BV048270047 |
| collection | ZDB-1-WBA |
| ctrlnum | (ZDB-1-WBA)NLM010473114 (OCoLC)1334039981 (DE-599)GBVNLM010473114 |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1596/1813-9450-7456 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nmm a2200000zc 4500</leader><controlfield tag="001">BV048270047</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220609s2015 |||| o||u| ||||||eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1596/1813-9450-7456</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)NLM010473114</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1334039981</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBVNLM010473114</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-523</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-1043</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Nguyen, Ha</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Demand-Driven Propagation</subfield><subfield code="b">Evidence from the Great Recession</subfield><subfield code="c">Nguyen, Ha</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2015</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (35 p)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">World Bank E-Library Archive</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">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 experienced larger job losses in non-tradable sectors during the Great Recession. This was arguably because laid-off tradable workers cut their consumption, which hurts local non-tradable firms. The finding is not driven by exposure to the construction sector, by the collapse in house prices, or by credit supply problems. In addition, the spillover is stronger when the focus is on the job losses of more income-elastic non-tradable sectors</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Nguyen, Ha</subfield><subfield code="4">oth</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe</subfield><subfield code="a">Nguyen, Ha</subfield><subfield code="t">Demand-Driven Propagation: Evidence from the Great Recession</subfield><subfield code="d">Washington, D.C : The World Bank, 2015</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1596/1813-9450-7456</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033650242</subfield></datafield></record></collection> |
| id | DE-604.BV048270047 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:00:02Z |
| indexdate | 2024-10-12T04:01:58Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033650242 |
| oclc_num | 1334039981 |
| open_access_boolean | 1 |
| owner | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
| owner_facet | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
| physical | 1 Online-Ressource (35 p) |
| psigel | ZDB-1-WBA |
| publishDate | 2015 |
| publishDateSearch | 2015 |
| publishDateSort | 2015 |
| publisher | The World Bank |
| record_format | marc |
| series2 | World Bank E-Library Archive |
| spellingShingle | Nguyen, Ha Demand-Driven Propagation Evidence from the Great Recession |
| title | Demand-Driven Propagation Evidence from the Great Recession |
| title_auth | Demand-Driven Propagation Evidence from the Great Recession |
| title_exact_search | Demand-Driven Propagation Evidence from the Great Recession |
| title_exact_search_txtP | Demand-Driven Propagation Evidence from the Great Recession |
| title_full | Demand-Driven Propagation Evidence from the Great Recession Nguyen, Ha |
| title_fullStr | Demand-Driven Propagation Evidence from the Great Recession Nguyen, Ha |
| title_full_unstemmed | Demand-Driven Propagation Evidence from the Great Recession Nguyen, Ha |
| title_short | Demand-Driven Propagation |
| title_sort | demand driven propagation evidence from the great recession |
| title_sub | Evidence from the Great Recession |
| url | https://doi.org/10.1596/1813-9450-7456 |
| work_keys_str_mv | AT nguyenha demanddrivenpropagationevidencefromthegreatrecession |