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Author:Owens, Raymond E. 

Working Paper
Rethinking Detroit

We study the urban structure of the City of Detroit. Following many decades of decline, the city?s current urban structure is clearly not optimal for its size, with a business district immediately surrounded by a ring of largely vacant neighborhoods. We propose a model with residential externalities that features multiple equilibria at the neighborhood level. In particular, developing a residential area requires the coordination of developers and residents, without which it may remain vacant even if its fundamentals are sound. We embed this mechanism in a quantitative spatial economics model ...
Opportunity and Inclusive Growth Institute Working Papers , Paper 11

Journal Article
The long and short of interest rates

Media headlines announcing Federal Reserve actions to raise interest rates have appeared on several occasions this year.
Cross Sections , Volume 11 , Issue Sum , Pages 6-8

Journal Article
Some help interpreting the help-wanted ad index

During periods of slow job growth, some economic analysts look to the Conference Board's help-wanted ad index as a harbinger of future jobs and economic activity.
Cross Sections , Volume 11 , Issue Fall , Pages 1-4

Journal Article
Venturing along the road less traveled: Virginia's experience with a private toll road

Private entrepreneurship is giving birth to new lanes of travel, but the labor is proving painful. Lessons learned from this experience should make the creation of private toll roads easier in the future.
Cross Sections , Volume 12 , Issue Spr , Pages 13-19

Journal Article
Agriculture: Le parfum de hog

Hogs and people aren't making good neighbors.
Cross Sections , Volume 12 , Issue Fall , Pages 23

Journal Article
For North Carolina, 1991 was mixed

Cross Sections , Issue Spr , Pages 6-7

Journal Article
Measuring the economic impact of ports: a case study for the Port of Richmond

Cross Sections , Issue Fall , Pages 1-3, 16

Journal Article
District business failures show economy's impact

Cross Sections , Issue Jan , Pages 4-5

Journal Article
NAFTA's impact on the District

Cross Sections , Volume 10 , Issue Win , Pages 1-5

Journal Article
Home equity loans: a way of financing consumer purchases. They have certain advantages

Cross Sections , Issue Sum , Pages 1+

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