A Distributed Lag Model of Employment Levels in Seattle.

Daniel A. Relles, Larry A. Day

ResearchPublished 1973

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.

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  • Copyright: RAND Corporation
  • Availability: Available
  • Year: 1973
  • Print Format: Paperback
  • Paperback Pages: 75
  • Paperback Price: $25.00
  • Document Number: R-1329-NSF

Citation

RAND Style Manual
Relles, Daniel A. and Larry A. Day, A Distributed Lag Model of Employment Levels in Seattle. RAND Corporation, R-1329-NSF, 1973. As of September 11, 2024: https://www.rand.org/pubs/reports/R1329.html
Chicago Manual of Style
Relles, Daniel A. and Larry A. Day, A Distributed Lag Model of Employment Levels in Seattle. Santa Monica, CA: RAND Corporation, 1973. https://www.rand.org/pubs/reports/R1329.html. Also available in print form.
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