Global and National Shocks Explain a Large Share of State Job Growth
4 Pages Posted: 23 Oct 2017
Date Written: 2017
Abstract
Global and U.S. national shocks on average appear to equally explain more than half of the fluctuations in state employment growth, an important measure of assessing real economic activity. The overall assessment, however, conceals a wide variation among states.
Suggested Citation: Suggested Citation
Chudik, Alexander and Koech, Janet and Wynne, Mark A., Global and National Shocks Explain a Large Share of State Job Growth (2017). Economic Letter, Vol. 12, Issue 10, pp. 1-4, 2017, Available at SSRN: https://ssrn.com/abstract=3055630
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