By Manuel Gottlieb
Booklet by way of Gottlieb, Manuel
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Sample text
Hence, total reference-cycle amplitude was reduced by 47 per cent from its specific level. Variation in timing did not obscure a clear tendency for migration to lead up to two years, particularly on upturns (Chapter 5, pp. ). Our survey of nationwide migration experience was limited to the United States, England (and Wales), and Germany—the three countries most prominently represented in our local series. Fourteen long specific cycles were surveyed. The American experience was that of a net "receiving" country; the other two countries had a net emigration.
This does not imply that Ohio experie nce is to be weighted equally with experience elsewhere; it rather warns against interpretation of averages resting upo n Ohio and non-Ohio sources as having any semblance of the proper weighting. Unfortunately, outside of Ohio, available information was too fragmentary an d scatte red to make proper weighting feasible. The analysis of local long cycles is supplemented in this work by a survey in Chapter s 7 and 8 of long cycles as manifested on the nationwide level.
3. How do urban-building fluctuations compare with business cycles with regard to duration, amplitude, timing, and form of movement? An attempt to answer these questions led inevitably to real estate markets and to the underlying markets for building sites. building labor, building materials, and finance. These, in turn, revealed the influence of still more fundamental processes— migration from farms and villages, and marriages—by which labor supply is augmented and formed into households. Hence, the survey includes two additional questions: 4.