Search Results
Journal Article
Tracking Philanthropic Support for Community and Economic Development: New Research from Two Federal Reserve Banks
Wardrip, Keith
(2016-10)
How many grants do large foundations direct towards community and economic development (CED) activities? What kinds of activities are supported with these funds? Which metro areas receive the most philanthropic support and which receive the least?1 And why do some metro areas receive more than others? These are the questions that researchers at the community development departments of the Federal Reserve Banks of Philadelphia and Atlanta answer in newly completed research.
Cascade
, Volume 4
Working Paper
A New Perspective on the Finance-Development Nexus
Quintin, Erwan; Corbae, Dean; Amaral, Pedro S.
(2016-12-02)
The existing literature on financial development focuses mostly on the causal impact of the quantity of financial intermediation on economic development. This paper, instead, focuses on the role of the financial sector in creating securities that cater to the needs of heterogeneous investors. To that end, we describe a dynamic extension of Allen and Gale (1989)?s optimal security design model in which producers can tranche the stochastic cash flows they generate at a cost. Lower tranching costs in that environment lead to capital deepening and raise aggregate output. The implications of lower ...
Working Papers (Old Series)
, Paper 1629
Working Paper
Financial Engineering and Economic Development
Quintin, Erwan; Corbae, Dean; Amaral, Pedro S.
(2017-06-13)
The vast literature on financial development focuses mostly on the causal impact of the quantity of financial intermediation on economic development and productivity. This paper, instead, focuses on the role of the financial sector in creating securities that cater to the needs of heterogeneous investors. We describe a dynamic extension of Allen and Gale (1989)?s optimal security design model in which producers can tranche the stochastic cash flows they generate at a cost. Lowering security creation costs in that environment leads to more financial investment, but it has ambiguous effects on ...
Working Papers
, Paper 16-29R
Journal Article
Waco building on ‘Fixer Upper,’ Baylor notoriety to reinvent itself
Kerr, Emily
(2025-05-09)
Malcolm Duncan, whose tenure as Waco mayor coincided with the city’s emergence as a destination and area economic hub, discusses how the city has changed and where its future fortunes and challenges lie.
Southwest Economy
Speech
Working Cities Challenge: remarks at the MetroHartford Alliance breakfast event \"Working Cities, Thriving Communities: How Cross-Sector Collaboration Helps Our Communities Thrive\", Hartford, Connecticut, August 8, 2018
Rosengren, Eric S.
(2018-08-08)
Eric Rosengren presented an overview of the Working Cities Challenge covering, among other topics, the initiatives taking place in Connecticut.
Speech
, Paper 134
Journal Article
Communi-Versity: Economic Strategy Draws on the City and University at Prairie View
Hoyer, Jackie
(2011)
In February 2010, community leaders and university officials who were interested in the future of both the city of Prairie View, Texas, and Prairie View A&M University (PVAMU) attended a roundtable discussion hosted by the Federal Reserve Bank of Dallas' Houston Branch. Out of this first meeting arose "Communi-Versity," a joint venture of the community and the university focused on creating an environment conducive to economic development.
e-Perspectives
, Volume 11
, Issue 3
Journal Article
Investing in Healthy Rural Communities – Lessons Learned and Future Directions
Kuehl, Steven; Handrick, Lexi; Peissig, Kayla Brenner; Timberlake, Karen
(2016)
The Federal Reserve System and the Robert Wood Johnson Foundation (RWJF) created the Healthy Communities Initiative to enrich the debate on how cross-sector and place-based approaches might revitalize neighborhoods and communities, while improving health and well-being for residents. A large body of research and evidence demonstrates inextricable linkages between economic success and physical and mental well-being. People who live in economically challenged areas endure more stress, are more likely to report their own physical and mental health as being just ?fair? or ?poor,? are more prone ...
Profitwise
, Issue 3
, Pages 18-24
Journal Article
Mapping Our Community: Philanthropic Grant Funding for Community and Economic Development in the Third District
DeMaria, Kyle
(2016-10)
Along with public sources of funding, philanthropic capital can be a critical source of support for the community and economic development (CED) work of nonprofit organizations. Research by the Federal Reserve Banks of Philadelphia and Atlanta examined CED grants disbursed to recipients in U.S. metro areas between 2008 and 2013, and identified characteristics that help to explain the ability of certain metro areas to attract more philanthropic funding than others. The authors examined grants for more traditional CED projects (e.g., housing rehabilitation, urban development, financial ...
Cascade
, Volume 4
Discussion Paper
Anchor Institution Strategies in the Southeast: Working with Hospitals and Universities to Support Inclusive Growth
Fazili, Sameera
(2019-12-01)
Engaging universities and hospitals to address economic disparities—often referred to as anchor institution strategies—has been understudied in the Southeast. The author examines efforts to launch anchor institution strategies in the Southeast. First, the author reviews the anchor institution concept in economic development, noting how the strategy has evolved from single institutions focusing on a set of neighborhoods to expanding to multi-institution collaboratives that attempt to tackle economic inequalities at a city or regional level. Second, the author offers case studies of New ...
FRB Atlanta Community and Economic Development Discussion Paper
, Paper 2019-02
Speech
Revitalizing New England cities: remarks at The Governor's Academy Tenth Annual Boston Business Leaders Luncheon in Boston, Massachusetts, April 10, 2018
Rosengren, Eric S.
(2018-04-10)
The topic of this presentation was the Working Cities Challenge.
Speech
, Paper 130
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