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Keywords:Service industries 

Journal Article
The effects of industry employment shifts on U.S. wage structure, 1979-1995

The trend toward increasing U.S. wage inequality during the 1980s is well documented. I investigate the role of employment shifts from goods-producing to service-producing industries in contributing to increased inequality during the period 1979-1995. Earlier analyses revealed that average earnings are lower, and earnings inequality is higher, for service-producing workers than for goods-producing workers. For both reasons, and increasing share of service employment may increase earnings inequality. I analyses the effect of broad industry employment shifts by using a recently developed ...
Economic Review

Journal Article
The Tenth District's expanding service sector

The proliferation of service jobs in the nation has received much attention. While the manufacturing sector has suffered substantial job losses during the current business cycle, job growth in services has been brisk. Because the service sector comprises a diverse collection of service industries, there is considerable confusion about what kinds of jobs the service industries are creating and what factors will affect the outlook for the service sector.> In the Tenth District, service industry jobs have grown even faster than in the nation. As the service sector becomes a bigger share of the ...
Economic Review , Volume 79 , Issue Q III , Pages 55-66

Speech
Globalizing the knowledge economy

Remarks before the Houston World Affairs Council, Houston, Texas, April 13, 2007 ; "We need new and better tools to help us determine just how globalization is affecting economies around the world, and how policymakers can reap benefits from these insights. Getting it right may well alter our notions of economic progress, with ramifications for how we approach the goal of price stability."
Speeches and Essays , Paper 50

Journal Article
Professional services firms anticipate higher profits, tighter labor supply

Survey of professional service industries in the Ninth District.
Fedgazette , Volume 18 , Issue Jul , Pages 16

Newsletter
Services also slow down

Chicago Fed Letter , Issue Aug

Journal Article
Are the Great Lakes cities becoming service centers?

A look at how the dwindling manufacturing base in the Midwest's 10 major metropolitan areas has transformed them into service centers for their surrounding communities, which have picked up many of the factory jobs that have left the cities.
Economic Commentary , Issue Jun

Journal Article
The growing share of services in the U. S. economy - degeneration or evolution?

Review , Issue Jun , Pages 5-22

Working Paper
Sectoral wage convergence: a nonparametric distributional analysis

An examination of the relative shapes of the wage distribution in the U.S. goods-producing and service-producing sectors that uses a nonparametric measure of density overlap to analyze wage differences between the two sectors over time. ; What implications do 21st century monetary innovations bring for holdings of central bank money and standards of value? Emerging technologies such as cybercash, e-cash, and smart cards can be expected to reduce demand for central bank money, but the theoretical framework for monetary policy has not changed.
Working Papers (Old Series) , Paper 9520

Journal Article
What's hampering job growth in the District's services sector?

Employment growth in the Tenth District has fallen behind the national rate in 1999 for the first time in ten years. Although all economic sectors have been experiencing slower job growth, the services sector, due to its size, has played perhaps the most important role in the slowdown of overall employment growth in the district. While services employment elsewhere in the nation continues to grow rapidly, the district has witnessed very little job expansion in services so far in 1999 (Chart 1). In fact, the district services sector has added jobs during the first seven months of this year at ...
Regional Economic Digest , Issue Q III , Pages 16-20

Report
Modelling U.S. services trade flows: a cointegration-ECM approach

The U.S. service surplus soared from near zero in 1985 to about $60 billion in 1992, offsetting about two thirds of the goods trade deficit. Could this merely reflect improvement in data collection? Or does this mean U.S. services industries are more competitive internationally than goods industries? Is the services surplus likely to continue to rise? This paper estimates a forecastable model of U.S. services trade to address the above questions. We find that data improvement actually had a negative net impact on the services surplus, since it affected imports more than exports. Instead, the ...
Research Paper , Paper 9518

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Fisher, Richard W. 9 items

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