The use of incentive packages has intensified as local governments compete for new plants and corporate relocations, and as private firms increasingly demand a deal. While incentives promise jobs and tax revenue, scholars and practitioners criticize their high cost and limited accountability....

We measure labor market frictions using a strategy that bridges design-based and structural approaches: estimating an equilibrium search model using reduced-form minimum wage elasticities identified from border discontinuities and fitted with Bayesian and LIML methods. We begin by providing the...

The new economic reality of heightened international competition, constant technological change, and cross border migration flowsreferred to in shorthand as globalization"has upset traditional forms of governing capitalist economies. Nation-states were once considered the only appropriate scale...

State incentive granting for the purpose of firm retention or recruitment remains highly controversial and is often portrayed as antithetical to long-range economic development planning. This paper uses quasi-experimental methods to measure the impact of state-level economic development...

Regional scientists and geographers have long tried to uncover the keys to regional success through comparative studies. From Chinitz's (1961) comparison of Pittsburgh and New York to Saxenian's (1994) pairing of Silicon Valley and Route 128, these studies have generally adopted an...

Based on approximately fifty interviews, along with analysis of data and newspaper coverage, this report compares local responses to surging foreclosures in three pairs of regions with similar housing markets and foreclosure-related challenges (St. Louis/Cleveland, East Bay/Riverside, and...