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.
state, misery index, policy
Business | Business Administration, Management, and Operations | Business Law, Public Responsibility, and Ethics | Finance and Financial Management
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 4.0 License.
Murphy, Ryan, "A Short Empirical Note on State Misery Indexes" (2016). Accounting Research. 5.