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Abstract
This investigates the relationship between North Carolina counties and patterns in per capita personal income volatility over various samples ranging from 1969 to 2014. The overarching hypothesis is that people in smaller counties experience increased personal income volatility compared to people in larger counties. Using real, annual, county-level data, several regressions are performed to identify patterns in the size-volatility relationship. The explanatory variables in these models include two proxies for county size as well as employment types and distance. Additionally, Granger causality tests are employed to investigate whether large counties impress their supposed smoother volatility on surrounding counties.