Using a decomposition methodology developed by Neumark and 1987 CPS data to investigate the regional differences in labor market discrimination in the United States, we find that there are minor regional differences in the wage gap between males and females and between blacks and whites....

The fragmentary nature of Karl Marx's discussion on crisis has led to a long-standing debate regarding causal factors. This paper is a first attempt to show that turnover plays an important role in explaining cyclical movements in the rate of profit. The results of this study show the importance...