Estevão, Marcello M.; Tsounta, Evridiki - International Monetary Fund (IMF) - 2011
The recent crisis has had differential effects across U.S. states and industries causing a wide geographic dispersion in skill mismatches and housing market performance. We document these facts and, using data from the 50 states plus D.C from 1991 to 2008, we present econometric evidence that...