Discussion Paper
Leading, lagging, and left behind: identifying metropolitan leaders and labor market outcomes
Andreason, Stuart (2015-10-01)
From 1990 to 2010, the United States underwent significant changes in the makeup of the population and its educational attainment. During the period, bachelor's degree or higher attainment proportions rose significantly?7.9 percentage points?from 20.3 percent in 1990 to 28.2 percent in 2010. This growth happened unevenly, though. Of 283 metropolitan areas, only 78 were above the 7.9 percentage point increase, suggesting much more concentrated growth than would be expected if growth were experienced evenly. This paper documents the concentration of growth and examines four labor market ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2015-4

Journal Article
Hybrid Working, Commuting Time, and the Coming Long-Term Boom in Home Construction
Rappaport, Jordan (2022-09-29)
The long commuting times from outer suburbs to the central business districts of large metropolitan areas have depressed single-family home construction over the last two decades. The shift to hybrid working during the COVID-19 pandemic, however, has reduced the time many people spend commuting and potentially increased their willingness to live farther from employers. Lightly settled land at the peripheries of metropolitan areas may become more desirable for development, relaxing a long-standing constraint on single-family home construction.In this article, Jordan Rappaport estimates the ...
Economic Review , Volume 107 , Issue no.4

Journal Article
Diversification and Specialization Across Urban Areas
Macheras, Ann; Stanley, Michael (2017-10)
Los Angeles is famous for the entertainment industry, San Jose for technology companies, and New York for the financial firms surrounding Wall Street. While each of these urban areas has a unique identity related to a particular sector of the economy, each is also, in fact, very diverse in its industrial composition. Urban areas differ in the extent to which they have a diverse set of industries or, conversely, the degree to which they are very specialized in a particular industry. Richmond Fed analysis supports previous research findings on the extent to which diversification or ...
Econ Focus , Issue 4Q , Pages 36-39

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

Journal Article
Variations in Inflation across U.S. Metro Areas
Gascon, Charles S.; Fuller, Jack (2022-12-01)
Housing cost appears to play an important role when examining differences in inflation across U.S. metro areas.
The Regional Economist