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Keywords:Industries 

Conference Paper
Path dependence in aggregate output

Proceedings , Issue Nov

Working Paper
The impact of firm characteristics on plant closing decisions

An examination of the plant-closing decisions of integrated steel firms in the United States from 1977-1987 to determine whether firm characteristics influenced either the probability or the timing of a plant's closing during this decade of significant industry contraction.
Working Papers (Old Series) , Paper 8803

Working Paper
Efficiency wages, inter-industry wage differentials, and the returns to ability

Finance and Economics Discussion Series , Paper 32

Working Paper
Viability in multiproduct industries

Working Papers , Paper 88-21

Report
Wage linkages in union bargaining settlements

Research Paper , Paper 8805

Report
Arm's-length transactions as a source of incomplete cross-border transmission: the case of autos

A growing share of international trade occurs through intra-firm transactions-those between domestic and foreign subsidiaries of a multinational firm. The difficulties associated with writing and enforcing a vertical contract compound when a product must cross a national border, and may explain the high rate of multinational trade across such borders. We show that this common cross-border organization of the firm may have implications for the well-documented incomplete transmission of shocks across borders. We present new evidence of a positive relationship between an industry's share of ...
Staff Reports , Paper 251

Journal Article
Consumer goods developments

Federal Reserve Bulletin , Issue Nov

Journal Article
Comments on changes to regional employment data: benchmark revisions and NAICS conversion

This article discusses the impact of two major revisions to Bureau of Labor Statistics (BLS) employment data made during 2003. The first change, the annual benchmark revisions, anchored data to the 2002 benchmark. These revisions show that job losses in New England over the past two years were more severe than previously reported. Meanwhile, for the first time since the implementation of the Standard Industrial Classification (SIC) system in 1939, all existing industry classifications were redefined as BLS introduced the North American Industry Classification System (NAICS) to a range of ...
New England Economic Indicators , Issue May , Pages i-viii

Working Paper
Union behavior, industry rents, and optimal policies

This paper examines the welfare gains from strategic trade and industrial policy in the U.S. steel industry, focusing particularly on the potential gains from capturing labor rents. I take into account product market distortions such as price-setting firms, factor market distortions in the form of union-created labor rents, and the presence of fixed capital and underutilized capacity in U.S. steel production. ; The existence of underutilized capacity means that firms respond to protection by reducing the share of labor in production, eliminating the rents targeted by the policy and thus ...
International Finance Discussion Papers , Paper 459

Journal Article
Industry-specific exchange rates for the United States

The trade-weighted exchange rates constructed for the aggregate U.S. economy do not always capture the changes in industry competitive conditions induced by movements in specific bilateral exchange rates. Exchange rates produced using information on industry-specific trade partners are often better suited for this task. This article constructs three industry-specific real exchange rate measures for the United States-one using export partner weights only, a second using import partner weights, and a third using an average of export and import weights by industry-and examines how they co-move ...
Economic Policy Review , Issue May , Pages 1-16

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