This research blends ideas and concepts from social disorganization theory with recent development in growth-curve methodology to examine the association between neighborhood structure and homicide level over time. Using 15 years of sequential data, we estimate growth-curve models that emphasize...

Business microdata have proven useful in a number of fields, but the main sources of comprehensive microdata are subject to significant confidentiality restrictions. A growing number of papers instead use a private data source seeking to cover the universe of U.S. business establishments, the...

We extend the canonical income process with persistent and transitory risk to shock distributions with left-skewness and excess kurtosis, to which we refer as higherorder risk. We estimate our extended income process by GMM for household data from the United States. We find countercyclical...