Interrelational Employment Multipliers in an Extended Input-Output Modeling Framework
This chapter focuses upon input-output models, which are extended by the addition of substantial demographic information in terms of economic-demographic interactions such as employment and income to labor, demographic-economic interactions such as consumption and demographic-demographic interactions moderated through the employment-consumption nexus. Extended models of this type have been the subject of a considerable amount of attention in recent years, especially at the regional level (see, for example, Schinnar, 1976; Madden and Batey, 1986; Oosterhaven and Dewhurst, 1990; Sonis and Hewings, 1991 or Hewings and Madden, 1995).
KeywordsLabor Demand Final Demand Unemployed Worker Redistributive Effect Welfare Payment
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