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Report
Transportation and development: insights from the U.S., 1840-1860
We study the effects of large transportation costs on economic development. We argue that the Midwest and the Northeast of the U.S. is a natural case because starting from 1840 decent data is available showing that the two regions shared key characteristics with today?s developing countries and that transportation costs were large and then came way down. To disentangle the effects of the large reduction in transportation costs from those of other changes that happened during 1840?1860, we build a model that speaks to the distribution of people across regions and across the sectors of ...
Conference Paper
The quality of rural education in the Midwest
Journal Article
Foreign growth, the dollar, and regional economies, 1970-97
International markets are an important contributor to U.S. economic activity. U.S. regions have varying exposure to the influences of international markets--foreign demand or exchange rate movements. Still, the overriding determinants of regional economic growth is the state of the domestic economy.
Conference Paper
Energy and environmental issues for the Midwest economy
Newsletter
Dealing with the impact of manufacturing job losses in the Midwest
The Community Development and Policy Studies division (CDPS) of the Federal Reserve Bank of Chicago hosted the Industrial Cities Initiative Symposium (ICI) on February 28, 2012. More than 50 economists, development professionals, city representatives, and analysts from business, academia, and city government attended the symposium.
Journal Article
Assets and opportunity in the Midwest: a comprehensive look at the 7th District based on the CFED Scorecard
There is perhaps no better or more tangible indicator of the strength of an economy than the measure of assets and protections ? financial, business, home, education, and health ? built by families and society. Not only does an accounting of the amount, range, and distribution of assets of an economy provide an incisive picture of the current health and resilience of an economy, but more importantly, it reflects the ability of an economy and the families within it to adapt, to find advantages, and to shape the future.
Journal Article
Slow work force growth: a challenge for the Midwest?
If today's tight labor market in the Midwest can be sustained, as now seems likely, the region's policymakers and businesses will face problems associated with labor-constrained growth rather than the underemployment of the recent past. An era of tight labor markets can be expected to add impetus to public policies that improve labor market efficiency, along with those that address perceived labor market imperfections.
Newsletter
Emerging urban markets in the Midwest