Why Is Poverty More Concentrated in U.S. Cities than in Other Cities Around the World?
Urban economic theory is used to show that in countries with abundant land, poverty will be concentrated in the inner cities. Because land is so cheap, the housing patterns that result make mass transit relatively inefficient. In the absence of a well-developed mass transit system, the poor have incentives to live in the inner city. Sponsor: State of Oklahoma PIs: Ronald L. Moomaw Government of Korea: Donghoon Hur Economic Development and Primate Cities This study shows that as economies develop, economic forces tend to concentrate the population in large cities. The study argues that attempts to control the population of the largest cities may adversely affect economic development. Sponsor: State of Oklahoma PI: Ronald L. Moomaw Social Returns from Privatizing Social Security Provides estimates of the present values of costs and benefits from privatizing Social Security, including their incidence by generation. Results indicate that privatization will produce a positive present value