Leekley, Robert M.; Seeborg, Michael C. - In: Eastern Economic Journal 19 (1993) 1, pp. 43-58
Two popular explanations of urban poverty are the "welfare-disincentive" and "urban-deindustrialization" theories. Using cross-sectional Census data, we develop a two-stage model to predict an SMSAs median family income and poverty rate. The model allows the city's welfare level and industrial...