This paper aims to provide a conceptual and operational context for analysing regional inequalities. It does so by utilizing a 'search & matching' framework. The model, developed in this paper, maps the way in which individuals are distributed according to: 1) the abilities of individuals to...

This paper examines the long-run trends in per-capita income across the US states (1929-2005). Our analysis advocates and implements a Vector Error Correction Model (VECM), in order to investigate whether disparities in per-capita income embody a stable long-run relation. The empirical...

Using 'search' theory, technology adoption is conceived of as a critical factor in the aftermath of a technological shock, which increases employment in the leading sectors and total output in the economy. These implications are further investigated in the present paper, both formally and...