This paper explores the spillover effects of job losses via input-output linkages during the Great Recession. Exploiting exogenous variation in tradable employment shocks across U.S. counties, the paper finds that job losses in a county's tradable sectors cause further job losses in the county's supporting services. For a given county, a 10 percent exogenous decline in tradable employment reduces supporting industries' employment by 3.8 percent. In...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2016/01/22
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Рабочий документ в рамках исследования вопросов политики
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WPS7543
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1
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1
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2016/01/22
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Disclosed
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The great recession and job loss spillovers : impact of tradable employment shocks on supporting services
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job loss
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Официальная версия документа (может содержать подписи, и т.д.)