In recent years, the research that investigates impact of employment on other labor related variables has a prominent place in regional science. Generally, it is well understood that new business investment brings changes in population, increased labor force participation rate and migration of...

This study develops a regional econometric model to extend and complement standard local economic impact analysis for Washington counties. Based on a static macroeconomic model, we derive labor supply equations and fiscal equations. The resulting empirical model is based on a cross- sectional...

We develop a method for directly modeling cointegrated multivariate time series that are observed in mixed frequencies. We regard lower-frequency data as regularly (or irregularly) missing and treat them with higher-frequency data by adopting a state-space model. This utilizes the structure of...