Full text : Migration and business cycles

06

MIGRATION AND BUSINESS CYCLES
CHART 15
DEPRESSION OF 1893-94.
Four Methods of Comparing Immigration and Economic
Conditions
a | FigA | | Fig.B |
DEVIATIONS FROM TREND L; DEVIATIONS FROM TREND
#60 ‘ Unit=one percent) +30 Unit=one standard deviation
+50 |
| . a=Male Immigration
nee a=Male Immigration 2a of
i ts Z=Piglron
#20 - 2700z Pa
+10 b 4 aN
0 Tt Lo 0 : = a
10 :
Ns) x Te 1 2 y
=a0 -10 Be
-30 J 5
- 20| -20 Cl “Employment
- S01 -
TEWAVMTTAS ONO rl MF SHA avons AM JIA FIMAMTT AISOND PIF Mi #17 J AS OND FAM TAISIOND
7893 1894 | 1895 TT vo 1894 1895
GR - | Fig.D
on DEVIATIONS FROM TREND CYCLE IN EMPLOYMENT COMPARED )
immigrz) Scale in Otol proportion EPIOYMEM Wirt CUMULATIVE IMMIGRATION. Cumulative
tion (Unit =one percent) cales 'mmigration
Cycle (Unit = 9 500,000
+80 | b= i | oy gre y Ee 200,000
+60 i Immigration -176 #6 a ‘mmigratior 300,000
! J June} «umula
#20 [74 re = 200,000
+20 ~ - Te #2 100,000
Q
0 tq o 2 17
20 # =2 — 28
* qu Ha 34
- 60 } 6 -6
1
80 + yo =k 8
200 - . : {70 0.
PFI ASIN TW 1-0 JAS OMT MAW FAS OND) MAN JT ASO MOTE MAMTA EOF AMI ASOD
7693 1894 2895 | 1693 1894 1895
»Based upon data in Table 20 and Appendix Table VI.
Fig. A=—Percentage deviations from trend (Unit= one per cent).
Fig. B=Deviations from trend (Unit==one standard deviation).
Fig. C=Deviations from trend (Adjusted scales, ratio 10 to b.. }
Fig. D=Deviations of employment from trend, and cumulative immigration.
            
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