Brown v. Board of Education had little immediate effect on the dual system of education in the South; by the early 1970s, however, Southern schools were the most racially integrated in the country. This paper uses newly assembled and uniquely comprehensive data to document how different types of...

It is often asserted that a highly educated workforce is vital to improving the competitive position of American businesses, especially by boosting entrepreneurship. To examine this contention, we use population Census data and a new panel data of startup firms, to examine how the education and...

In this paper, we present a spatial equilibrium model where search frictions hinder the immediate reallocation of workers both within and across local labor markets. Because of the frictions, firms and workers find themselves in bilateral monopoly positions when determining wages. Although...