States provide a variety of goods and services to their citizens, ranging from police protection to highway construction to education and health services. This study is concerned with how earnings inequality has affected such spending at the state level in the United States between 1977 and...

We document trends in the volatility in earnings and household incomes between 1985 and 2005 in three different data sources: administrative earnings records, the Survey of Income and Program Participation (SIPP) matched to administrative earnings records, and SIPP survey data. In all data...

Once upon a time, a picture was worth a thousand words. But with online news, blogs, and social media, a good picture can now be worth so much more. Economists who want to disseminate their research, both inside and outside the seminar room, should invest some time in thinking about how to...

This article examines the effect of a change in stock market trading volume on employment in the New York City securities industry. This relationship is used as the first stage in an instrumental variables model to determine the effect that securities employment has on other forms of employment...