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Journal Article
Revised manufacturing indexes
Stanley, Stephen (1991-01)
Cross Sections , Issue Win , Pages 12

Journal Article
Cyclical implications of the declining manufacturing employment share
Filardo, Andrew J. (1997-04)
Over the last 35 years, the U.S. economy has created service sector jobs at a faster pace than manufacturing sector jobs. Not only has this trend led to a significant shift in the composition of the labor force from manufacturing to services, but it has also fundamentally changed the characteristics of the average workplace. ; Some economists have argued that the ongoing structural shifts from manufacturing employment to services employment may have had the additional consequence of smoothing the business cycle. A smoother cycle would be welcomed and would yield several benefits. The economy ...
Economic Review , Volume 82 , Issue Q II , Pages 63-87

Newsletter
Chicago's economic transformation from 1970 to 2000
Mahidhara, Ramamohan; Israilevich, Philip R.; Hewings, Geoffrey J. D. (1992-08)
Chicago Fed Letter , Issue Aug

Working Paper
International comparisons of the levels of unit labor costs in manufacturing
Vranlovich, Elizabeth; Hooper, Peter (1995)
Comparing absolute levels of unit labor costs across countries entails translating labor compensation rates and productivity measured in national currencies into a common currency (e.g., U.S. dollars). Compensation rates are translated using market exchange rates and productivity is translated using relative output price levels. This paper focuses on the estimation of relative output price levels. Two approaches have been used, one based on relative unit values and the other on expenditure PPPs. We use primarily the latter approach and extend earlier work in this area by adjusting expenditure ...
International Finance Discussion Papers , Paper 527

Journal Article
Trends in rural manufacturing
Wilkerson, Chad R. (2001-12)
Main Street Economist , Issue Dec

Working Paper
Debt, collateral, and U.S. manufacturing investment: 1954-1980
Osterberg, William P. (1992)
I perform an empirical analysis of Euler equations for the firm's choices of capital, labor, hours, and debt. Financial structure has real effects , since taxes favor debt. However, the cost of debt increases with the debt-to-collateral ratio, and capital is part of collateral. The data, for U.S. manufacturing investment from 1954 to 1980, show that the debt-to-collateral ratio moves opposite to the direction suggested by tax rates. However, excluding the Euler equation for debt implies the correct sign for the relation between investment and the debt-to-collateral ratio. I also find ...
Working Papers (Old Series) , Paper 9210

Report
Assessing recent trends in manufacturing
Steindel, Charles (1994)
Research Paper , Paper 9409

Journal Article
The geography of value added
Israilevich, Philip R.; Testa, William A. (1989-09)
Economic Perspectives , Volume 13 , Issue Sep , Pages 2-12

Working Paper
Sectoral wage convergence: a nonparametric distributional analysis
Dupuy, Max; Schweitzer, Mark E. (1996)
A nonparametric analysis of the similarity between goods and services wage densities, applying kernel density estimates and an overlap statistic to U.S. weekly full-time wages from 1969 to 1993.
Working Papers (Old Series) , Paper 9611

Journal Article
Is corporate governance different for bank holding companies?
Mehran, Hamid; Adams, Renee B. (2003-04)
The authors analyze a range of corporate governance variables as they pertain to a sample of bank holding companies (BHCs) and manufacturing firms. They find that BHCs have larger boards and that the percentage of outside directors on these boards is significantly higher; also, BHC boards have more committees and meet slightly more frequently. Conversely, the proportion of CEO stock option pay to salary plus bonuses as well as the percentage and market value of direct equity holdings are smaller for bank holding companies. Furthermore, fewer institutions hold shares of BHCs relative to shares ...
Economic Policy Review , Volume 9 , Issue Apr , Pages 123-142

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