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| Regional Economy |
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| Our economists analyze local economic growth, labor markets, real estate, and public finance issues, contributing to discussions of regional and national economic policy. |
| Regional Indexes of Coincident Economic Indicators
Our Indexes of Coincident Economic Indicators (CEI) for December show continued growth in activity in New Jersey, but a slight decline in New York State. Activity in New York City remained essentially flat.  |
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 Tough Decisions, Depleted Revenues: New Jersey's Education Finances during the Great Recession In this post, using analysis published in our recent staff report, "Precarious Slopes? The Great Recession, Federal Stimulus, and New Jersey Schools," we examine how school finances were affected during the recession and the ARRA federal stimulus period. By Rajashri Chakrabarti and Sarah Sutherland |
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| Recent Articles |
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Crime, House Prices, and Inequality: the Effect of UPPs in Rio
In this paper, we use a recent policy experiment in Rio de Janeiro, the installation of permanent police stations in low-income communities (or favelas), to quantify the relationship between a reduction in crime and the change in the prices of nearby residential real estate. By Claudio Frischtak and Benjamin R Mandel, Staff Reports 542, January 2012 |
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Precarious Slopes? The Great Recession, Federal Stimulus, and New Jersey Schools
In this paper, we start to fill the void. Studying school funding during the recession is of paramount importance because schools have a fundamental role in fostering human capital formation and economic growth. By Rajashri Chakrabarti and Sarah Sutherland, Staff Reports 538, January 2012 |
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The Impact of the Great Recession on School District Finances: Evidence from New York
In this paper, we examine the effect of the Great Recession on school finances in New York By Rajashri Chakrabarti and Elizabeth Setren, Staff Reports 534, December 2011 |
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Incentives and Responses under No Child Left Behind: Credible threats and the Role of Competition
In this paper, the author studies the incentives and responses of schools that failed AYP once. By Rajashri Chakrabarti, Staff Reports 525, November 2011 |
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The Role of Colleges and Universities in Building Local Human Capital
The authors explore the ways in which a region's higher education industry helps build regional human capital, focusing in particular on the metropolitan areas in New York and northern New Jersey. By Jaison R. Abel and Richard Deitz, Current Issues in Economics and Finance Second District Hightlights (17) 6, October 2011 |
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Belief Updating among College Students: Evidence from Experimental Variation in Information
The authors investigate how college students form and update their beliefs about future earnings using a unique "information" experiment. By Matthew Wiswall and Basit Zafar, Staff Reports 516, September 2011 |
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