Cover: A Distributed Lag Model of Employment Levels in Seattle.

A Distributed Lag Model of Employment Levels in Seattle.

Published 1973

by Daniel A. Relles, Larry A. Day

Purchase Print Copy

 Format Price
Add to Cart Paperback75 pages $25.00

Describes the development of a distributed-lag econometric model of employment levels in each of Seattle's major industrial sectors. The model is then used to explore the reaction of the local economy to the 1969-1971 aerospace employment cutbacks, an event that has no simple explanation due to the confounding phenomena of long-term growth just prior to and a national downturn concurrent with those cutbacks. The model's principal value, however, is as a forecasting tool, and in this regard the report presents an empirical study that shows it capable of dealing effectively with the problem of predicting the magnitude and timing of the effects of changes in general economic conditions. 75 pp. Bibliog.

This report is part of the RAND report series. The report was a product of RAND from 1948 to 1993 that represented the principal publication documenting and transmitting RAND's major research findings and final research.

This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.

RAND is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.