This paper examines the effects of a generous, spatially-targeted economic development policy (the federal Empowerment Zone program) on local neighborhood characteristics and on the neighborhood quality of life, taking into account the interactions amongst the policy, changes in neighborhood...

We provide a full characterisation of the socially optimal allocation of urban land to households and firms in a long narrow city with centrally located amenities. Households support linear costs of commuting to their workplace, and linear costs of travelling to the centre to benefit from...