Title
Attracting Capital to Distressed Areas
Project Dates
07/01/2010 - 10/01/2010
Description
Researchers addressed the topic of attracting capital to distressed urban areas and focused on the extent to which this problem can be solved by increasing labor demand for residents of distressed areas through attracting private investment. This increase in labor demand allows an increase in employment per capita and earnings per capita in residents' home areas. The report analyzed the type and scale of federal policy options that led to the attraction of substantial capital to distressed areas.
Sponsorship
The Hamilton Project, Brookings Institution
Subject Area
ECONOMIC DEVELOPMENT; Regional policy and planning
COinS
Publications
Bringing Jobs to People: How Federal Policy Can Target Job Creation for Economically Distressed Areas, Timothy J. Bartik The Hamilton Project Discussion Paper (October 2010)