Search Results
Journal Article
Uneven city job trends weigh on Kentucky's recovery
Journal Article
Regulating carbon emissions: the cap-and-trade program
The anti-pollution program in Congress contains desirable economic features. But a key component - an auction process covering all permits for carbon emissions - does not seem to be politically viable.
Journal Article
Neighboring cities show job trends that are far apart
Newsletter
Patents: protecting inventors and the public good
Patent rights are becoming increasingly controversial in areas such as pharmaceuticals and genetics. Should the public good come before the private gain of new product inventors or developers? The May 2010 Newsletter tackles this issue.
Journal Article
Job cuts in manufacturing, transportation slow recovery
Working Paper
Crime and arrests: deterrence or resource reallocation?
We use monthly time-series data for 20 large U.S. cities to test the deterrence hypothesis (arrests reduce crimes) and the resource reallocation hypothesis (arrests follow from an increase in crime). We find (1) weak support for the deterrence hypothesis, (2) much stronger support for the resource reallocation hypothesis, and (3) differences in city-level estimates suggest much heterogeneity in the crime and arrest relationship across regions.
Newsletter
Big-box retail and its impact on local communities
What is the local impact of big-box retail? Some states have begun to reconsider whether the benefits of such development are worth the costs to local communities.
Newsletter
The economic impact of an influenza pandemic on the United States
They have been known to be deadly, disorderly, and expensive. Influenza pandemics occur 3 to 4 times every century, and many health experts believe another U.S. pandemic is unavoidable. How would a modern-day influenza pandemic affect the U.S. economy? Predictions include $700 billion in economic losses and a 5.5 % drop in GDP the year a severe pandemic occurs.
Working Paper
City business cycles and crime
We explore the influence of city-level business cycle fluctuations on crime in 20 large cities in the United States. Our monthly time series analysis considers seven crimes over an approximately 20-year period: murder, rape, assault, robbery, burglary, larceny, and motor vehicle theft. Short-run changes in economic conditions, as measured by changes in unemployment and wages, are found to have little effect on city crime across many cities, but property crimes were more likely to be influenced by changes in economic conditions than were more violent crimes. Contrary to the deterrence ...
Journal Article
What do you get for \"Sixteen Tons\"?