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Investigates the factors associated with the population growth and prosperity of metro areas. Two measures of human capital—educational attainment and the STEM share of the economy—are among the factors that are significantly correlated to growth and prosperity.
After completing his undergraduate degree in economics at Wake Forest University, Kent received his Ph.D. in economics from Rice University in 1979. He was an assistant professor at ASU from 1978 to 1983. After leaving the university for seven years, during which he worked in the research department of the Federal Reserve Bank of Dallas, he returned to ASU to teach in 1991. He joined ASU’s L. William Seidman Research Institute in 1999.
Examines the extent of healthcare worker shortages in Arizona, calculates the economic impact of eliminating worker shortages, and estimates the direct medical costs and productivity losses of ill health.
An update to the November 2022 paper that presented data through 2021, estimates are presented of the number of ASU graduates working in Arizona, as well as their average wage, aggregate wages, and tax payments. Estimates are made for each year from 2012 through 2022.
Arizona’s median age in 2020 of 38.9 was nearly identical to the national average, but the state’s increase in median age between 2010 and 2020 tied for the highest in the country. Arizona’s larger-than-average increase can be traced to strong net in-migration at early…