Past researchers, examining the duration of joblessness, have failed to include a variable to account for the unemployed's migration decision. By employing a simultaneous structure with a censored dependent variable and an endogenous binary migration variable, the present study demonstrates that...

Several studies have shown that the unemployed in distressed regions of the U.S. have been reluctant to move to areas of greater employment opportunities. By establishing a negative correlation between weeks of job search and the probability of migration, this study is able to provide a partial...

This study concludes that past migration research studies, by failing to control for years of work experience, have computed a coefficient for the age variable that is the summation of two oppositely signed factors. On the one hand, age increases the psychic cost of moving and decreases the...

Location theorists have emphasized the importance of agglomeration economies in explaining the concentration of industrial activity. They have divided these economies into portions that relate to average industry size firm size, and market size. This study examines these three factors, in the...

<title/> Prior investigations have demonstrated that, under the assumption of unlimited available personal funds, the proportion of equity retained by the entrepreneur in a new venture is an indicator of the proposed project's quality. Signaling theory argues that this signal of quality can be used by...

Do the returns to business tax incentives differ according to the initial economic conditions of the area providing tax relief? Past research studies have provided conflicting answers to this question. Bartik (1991) concluded that rates of return to business tax incentives are likely to be...