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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

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

Recent growth of professional services jobs favors select Texas counties
Pranger, Ana; Su, Yichen (2023-05-16)
Professional services jobs have grown faster in Texas than in the U.S. since 2020, partly because of business relocations to the state. This expansion has been highly geographically clustered, with 10 of Texas’ 254 counties accounting for more than 92 percent of the statewide growth.
Dallas Fed Economics

Journal Article
Development bank funds border infrastructure to aid U.S.–Mexico trade
Orrenius, Pia M. (2024-03-22)
Calixto Mateos, former managing director of the North American Development Bank, discusses his work at the NADBank and its role enhancing trade.
Southwest Economy

Working Paper
The Economic Impact of a Casino Monopoly: Evidence from Atlantic City
Scavette, Adam (2023-05)
New Jersey voters approved legalized gambling for Atlantic City in a 1976 referendum, making it the second state after Nevada in 1931. The state explicitly leveraged the city's regional monopoly, which it held from 1978 through 1992, on casinos east of the Mississippi River as an economic development strategy to revive the blighted seaside resort town. The literature on the economic development effects of casinos suggests that sparsely populated areas without nearby competing gambling venues tend to benefit the most. Using a difference-in-differences approach, I model the economic impact of ...
Working Paper , Paper 23-07

Report
A Qualitative Exploration of “Following the Money: An Analysis of Foundation Grantmaking for Community and Economic Development”
St. Clair, Noelle (2017-01)
In September 2016, the Federal Reserve Banks of Philadelphia and Atlanta released a publication titled ?Following the Money: An Analysis of Foundation Grantmaking for Community and Economic Development.? Based on data provided by the Foundation Center that capture all grants of at least $10,000 made by the 1,000 largest foundations between 2008 and 2013, the analysis finds that some metro areas received a substantially greater level of philanthropic support for community and economic development (CED) than did others during this period.
Beyond the Numbers

Briefing
Sectoral Multipliers and Technology Adoption as Insight Into Growth
Trachter, Nicholas; Li, Lindsay (2024-08)
In a multisector model with technology adoption and rich network structures, what policy instruments best reduce distortions and promote economic development? This article discusses a framework showing that technology adoption has important effects on both the magnitude and relative effectiveness of sectoral industrial policies. After applying the framework to data on the Indian economy, adoption subsidies prove the most cost-effective instrument with high sectoral multipliers and relatively lower fiscal costs of implementation. Particularly promising sectors emerge that stand to foster the ...
Richmond Fed Economic Brief , Volume 24 , Issue 27

Economic Development and the Evolution of Mortality
Ravikumar, B.; Smaldone, Amy (2023-10-02)
Since 1960, the gap in GDP per capita between rich and poor countries has remained wide. Yet the gap in death rates has practically vanished during that period.
On the Economy

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