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This paper contributes to the literature that uses the Economic Freedom of North America (EFNA) index to evaluate relationships with various outcomes. Most of the literature estimates a linear relationship between economic freedom and those outcomes. However, using matching methods can be a...
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The Great Recession led to a large decline in economic activity throughout the entire United States with significant variation in its severity across regions. Our paper examines the role of economic freedom in explaining these differences at the metropolitan statistical area (MSA) level. We use...
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Long term measures of income inequality must grapple with the challenges presented by incomplete historical records. In this paper we examine one such problem affecting the quality of federal income tax return data in the period between the two World Wars, which form the basis for the widely...
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In this article, we offer a revision to the top income share series produced by Piketty and Saez (2003) for the United States, focusing upon the period prior to and including the Second World War. The inequality estimates for these years form the left-side of a century-long U-curve that has...
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