Convergence in the United States
Subtitle: a tale of migration and urbanization
By: by Riccardo DiCecio and Charles S. Gascon.
Contributors: Gascon, Charles S.; Federal Reserve Bank of St. Louis.
Series: Working paper -- 2008-002A; Working paper (Federal Reserve Bank of St. Louis : Online) -- 2008-002A.
Publisher: Federal Reserve Bank of St. Louis
Published: 2008
Place of publication: [St. Louis, Mo.]
Language: eng
Format: Electronic resource
Description: "We use non-parametric distribution dynamics techniques to reassess the convergence of per capita personal income (PCPI) across U.S.  states and across metropolitan and nonmetropolitan portions of states for the period 1969-2005.  The long-run distribution of PCPI is bimodal for both states and metro/nonmetro portions.  Further- more, the high income mode of the distribution across metro and nonmetro portions corresponds to the single mode of the long-run distribution across metro portions only.  These results (polarization or club-convergence) are reversed when weighting by population.  The long run distributions across people are consistent with convergence.  Migration and urbanization are the forces behind convergence"--Federal Reserve Bank of St. Louis web site.
Notes: Title from PDF file as viewed on 1/10/2008.

Includes bibliographical references.

Also available in print.

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Mode of access: World Wide Web.