urban economics
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Addressing Constrained Housing Supply: Evidence on New Market-Rate Housing
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It’s no secret that the United States has a housing affordability problem. The high cost of living in major cities stems from a shortage of available units. High rents burden low- to moderate-income families. The larger percentage of a household’s income goes to rent, the less a household can afford…
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The Economics of Begging
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In cities around the globe, people can be found street-side asking for money. While there are some who chose to perform or sell small goods, others ask for cash without offering anything of value in return. These individuals, known as panhandlers, face harsh public scrutiny for begging, rather than working,…
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Keeping Students Safe: Positive Results from Chicago’s Safe Passage Program
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In the effort to reduce violence in Chicago, one important focus area is keeping students safe on their way to school. In 2009, the city launched the Safe Passage program as a novel method of addressing this issue. Safe Passage hires civilian guards and places them around schools during the…
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Uber y el Transporte Público: una Relación Complicada
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En el año 2018, el uso de la aplicación Uber alcanzó a más de 600 ciudades en 65 países alrededor del mundo. Utilizando un modelo de negocios agresivo, y a pesar de múltiples acusaciones e investigaciones relacionadas con la discriminación de género y el acoso sexual, la compañía se ha…
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The Economic Impact of Place-Based Scholarships in Public School Districts
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Since the introduction of the Kalamazoo Public School District’s Promise Scholarship Program in 2005, public school districts across the country have announced similar initiatives, offering college scholarships for students who have attended its public schools for a set period of time. Because they are place-based, Promise programs incentivize families with…
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Have Home, Won’t Travel: How Housing Values Impact Labor Mobility
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The terms “economic mobility” and “social mobility” are used figuratively to describe ascending the wealth ladder, usually by accruing income. But such mobility can take on a more literal connotation: if a better paying job is across the country it might be worth moving. Anything that restricts a person’s ability…
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CEOs for Cities: A Vision for the Future Economy
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Lee Fisher explains how cities play an important role in economic development and innovation.