A simple test for convergence of metropolitan income in the united States
A test of absolute beta convergence for urban per capita personal income (PCPI) is presented, revealing a model that avoids regression to the mean problem that other conventional regression test encounter. Results are based on PCPIs and average wages in all metropolitan areas in the US from 1969-1995.
Publication Name: Journal of Urban Economics
A new study investigates why an entrepreneur would opt to establish a not-for-profit rather than a for-profit business.
Publication Name: The Journal of Public Economics
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