Even a casual library search clearly indicates that empirical growth studies comprise a significant, and growing, area of interest within the academic literature. In many respects, this strand of literature has been successful in identifying the basic nature of the growth process. By contrast,...

In this study we investigate migration's effect on labor market transitions. Specifically, we explore transition rates out of unemployment (to employment) and from nonparticipation to active job search. To facilitate this, a multi-state model of the hazard rate is developed and subsequently...

This paper constructs a trade-weighted regional exchange rate index for the Southern states and compares it to a similar index comprising the rest of the United States. Results indicate there are nontrivial differences between them. The two indexes are not cointegrated, and the index comprising...