Global and National Shocks Explain a Large Share of State Job Growth

4 Pages Posted: 23 Oct 2017

See all articles by Alexander Chudik

Alexander Chudik

Federal Reserve Banks - Federal Reserve Bank of Dallas

Janet Koech

Federal Reserve Banks - Federal Reserve Bank of Dallas

Mark A. Wynne

Federal Reserve Bank of Dallas

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

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

Alexander Chudik (Contact Author)

Federal Reserve Banks - Federal Reserve Bank of Dallas ( email )

2200 North Pearl Street
PO Box 655906
Dallas, TX 75265-5906
United States

Janet Koech

Federal Reserve Banks - Federal Reserve Bank of Dallas

2200 North Pearl Street
PO Box 655906
Dallas, TX 75265-5906
United States

Mark A. Wynne

Federal Reserve Bank of Dallas ( email )

PO Box 655906
Dallas, TX 75265-5906
United States
214-922-5159 (Phone)
214-922-5194 (Fax)

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
27
Abstract Views
289
PlumX Metrics