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Convergence-divergence of U.S. State unemployment rates

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  • Edward Nissan
  • George Carter

Abstract

The dispersion of U.S. state unemployment rates and those of many industrialized countries has been observed to maintain persistent dispersion. This paper, by using a model of conditional expectation, investigates the question wheter there was a tendency toward convergence or divergence of the U.S. state unemployment rates. The paper identifies the states that persistently performed above or below unemployment expectations on average for the period 1978–1999. Data were provided by the U.S. Bureau of Labor Statistics.(JELR10) Copyright Springer 2001

Suggested Citation

  • Edward Nissan & George Carter, 2001. "Convergence-divergence of U.S. State unemployment rates," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 25(2), pages 172-180, June.
    • Handle: RePEc:spr:jecfin:v:25:y:2001:i:2:p:172-180
    DOI: 10.1007/BF02744520
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    References listed on IDEAS

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    1. Paul B. Siegel & Jeffrey Alwang & Thomas G. Johnson, 1994. "Toward An Improved Portfolio Variance Measure Of Regional Economic Stability," The Review of Regional Studies, Southern Regional Science Association, vol. 24(1), pages 71-86, Summer.
    2. Mark Partridge & Dan Rickman, 1997. "The Dispersion of US State Unemployment Rates: The Role of Market and Non-market Equilibrium Factors," Regional Studies, Taylor & Francis Journals, vol. 31(6), pages 593-606.
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