Harvey S. Rosen

TL;DR: In this article, the authors consider estimation and testing of vector autoregressio n coefficients in panel data, and apply the techniques to analyze the dynamic relationships between wages an d hours worked in two samples of American males.

TL;DR: In this article, the authors formalized and tested the notion that states' expenditures depend on the spending of similarly situated states, and they found that even after allowing for fixed state effects, year effects, and common random shocks among neighbors, a state government's level of per capita expenditure is positively and significantly affected by the expenditure levels of its neighbors.

TL;DR: In this paper, the authors examined the role of access to capital in entrepreneurial failure and found that if entrepreneurs cannot borrow to attain their profit-maximizing levels of capital, then those entrepreneurs who have substantial personal financial resources will be more successful than those who do not.

TL;DR: In this paper, the authors show how the conventional methods of applied welfare economics can be modified to handle discrete choice situations, focusing on the computation of the excess burden of taxation, and the evaluation of quality change.

TL;DR: In this paper, the authors examine why some individuals survive as entrepreneurs and others do not, and analyze the growth of entrepreneurial enterprises, conditional on surviving, using tax returns of individuals who received inheritances.