The aim of this work is to test empirically the validity of Gibrat’s Law in the growth of cities, using data for all the twentieth century of the complete distribution of cities (without any size restrictions) in three countries: the US, Spain and Italy. For this we use different...

This paper analyses the time series properties of the unemployment rates of the 50 US States, as well as the global rate of the USA. Our results, based on the use of ADF-type tests, show that the inclusion of some breaks is vital in order to reduce the persistence on these rates. Thus, we can...

This paper reconsiders the evolution of the growth of American cities since 1790 in light of new theories of urban growth. Our null hypothesis for long-term growth is random growth. We obtain evidence supporting random growth against the alternative of mean reversion (convergence) in city sizes...

The study of determinants of economic growth and development is a special interest area to the economists. Theoretical investigation in this topic is characterized by a growing complexity and empirical work has not obtained satisfactory results. The incorporation of human capital and technical...

In spite of the fact that in recent years there has been a growing interest for the hidden economy, little attention has been lent to its relation with the illegal immigration as a consequence of the establishment of quotas. The objective of this work is to analyze the effect of a change in the...

This paper analyzes the persistence of the shock caused by the American Civil War on the relative city size distribution of the United States. Our fi…ndings suggest that the effects of this shock were permanent, which sharply contrasts with previous results regarding World War II for Japanese...