This paper examines the effects of a generous, spatially targeted economic development policy (the federal Empowerment Zone program) on local neighborhood characteristics and on the neighborhood quality of life, taking into account the interactions amongst the policy, changes in neighborhood...

Higher nominal wages in urban areas are well-documented phenomena which imply higher productivity of urban workers. Yankow and Wheeler show that these gains come through a variety of sources including static agglomeration economies and dynamic learning and matching efficiencies in cities. Yet,...

Many studies show that larger metropolitan areas are more segregated than smaller ones. To some extent, this tendency is part of the conventional wisdom. However, the reason for this tendency is not apparent. This paper suggests that the correlation between segregation and metropolitan scale is...

The impact of landmark designation on prices of the property and its neighbors sits at the core of the policy debate and empirical research on historic preservation. Yet these studies suffer from serious methodological limitations and biases. First, as important unobserved characteristics likely...

This research tests the impact of changes in fuel price to explain fuel use by electric utilities. We employ a three-stage least squares model that explains changes in fuel use as a function of changes in three fuel prices. This model is repeated across sub-samples of data aggregated at the...