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来源类型Working Paper
规范类型报告
DOI10.3386/w18447
来源IDWorking Paper 18447
The Geography of the Great Recession
Alessandra Fogli; Enoch Hill; Fabrizio Perri
发表日期2012-10-11
出版年2012
语种英语
摘要This paper documents, using county level data, some geographical features of the US business cycle over the past 30 years, with particular focus on the Great Recession. It shows that county level unemployment rates are spatially dispersed and spatially correlated, and documents how these characteristics evolve during recessions. It then shows that some of these features of county data can be generated by a model which includes simple channels of transmission of economic conditions from a county to its neighbors. The model suggests that these local channels are quantitatively important for the amplification/muting of aggregate shocks.
主题Macroeconomics ; Business Cycles ; Regional and Urban Economics ; Regional Economics
URLhttps://www.nber.org/papers/w18447
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/576122
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GB/T 7714
Alessandra Fogli,Enoch Hill,Fabrizio Perri. The Geography of the Great Recession. 2012.
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