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A Short Empirical Note on State Misery Indexes

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  • Murphy, Ryan H.

Abstract

This paper constructs state level Misery Indexes, incorporating recent data on Regional Pricing Parities. As an application, it draws the Phillips curve derived from a panel of fifty states plus the District of Columbia in the years 2008 - 2011. A state level Misery Index will allow economists and the public to evaluate the overall macroeconomic picture of a regional economy, just as the Misery Index currently allows in the national and international context.

Suggested Citation

  • Murphy, Ryan H., . "A Short Empirical Note on State Misery Indexes," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 46(2).
    • Handle: RePEc:ags:jrapmc:262584
    DOI: 10.22004/ag.econ.262584
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    References listed on IDEAS

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    1. Ryan H. Murphy, 2016. "Beggaring thy neighbor at the state and local level," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 8(4), pages 532-539, November.
    2. Cebula, Richard J. & Alexander, Gigi M., 2006. "Determinants of Net Interstate Migration, 2000-2004," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 36(2), pages 1-8.
    3. Robert J. MacCulloch & Rafael Di Tella & Andrew J. Oswald, 2001. "Preferences over Inflation and Unemployment: Evidence from Surveys of Happiness," American Economic Review, American Economic Association, vol. 91(1), pages 335-341, March.
    4. Enrico Moretti, 2010. "Local Multipliers," American Economic Review, American Economic Association, vol. 100(2), pages 373-377, May.
    5. Bruno S. Frey & Alois Stutzer, 2002. "What Can Economists Learn from Happiness Research?," Journal of Economic Literature, American Economic Association, vol. 40(2), pages 402-435, June.
    6. Belasen, Ariel R. & Hafer, R.W., 2013. "Do Changes in Economic Freedom affect Well-Being?," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 43(01).
    7. Kumar, Anil & M. Orrenius, Pia, 2016. "A closer look at the Phillips curve using state-level data," Journal of Macroeconomics, Elsevier, vol. 47(PA), pages 84-102.
    8. Gabriel Chodorow-Reich & Laura Feiveson & Zachary Liscow & William Gui Woolston, 2012. "Does State Fiscal Relief during Recessions Increase Employment? Evidence from the American Recovery and Reinvestment Act," American Economic Journal: Economic Policy, American Economic Association, vol. 4(3), pages 118-145, August.
    9. Emi Nakamura & J?n Steinsson, 2014. "Fiscal Stimulus in a Monetary Union: Evidence from US Regions," American Economic Review, American Economic Association, vol. 104(3), pages 753-792, March.
    10. Cebula, Richard & Clark, Jeff, 2010. "Migration, Economic Freedom, and Personal Freedom: An Empirical Analysis," MPRA Paper 50957, University Library of Munich, Germany, revised 20 Apr 2010.
    11. Richard Cebula, 2014. "The Impact of Economic Freedom and Personal Freedom on Net In-Migration in the U.S.: A State-Level Empirical Analysis, 2000 to 2010," Journal of Labor Research, Springer, vol. 35(1), pages 88-103, March.
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    Cited by:

    1. Geloso, Vincent & Msaid, Youcef, 2018. "Adjusting Inequalities for Regional Price Parities: Importance and Implications," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 48(4), February.
    2. Elias Gakuru & Shaohua Yang, 2025. "Misery Index Improvement: A Review Based on Theoretical and Empirical Evidence," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(1), pages 3970-3995, March.

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