Abstract

http://ssrn.com/abstract=1997368
 


 



Within-City Variation in Urban Decline: The Case of Detroit


Veronica Guerrieri


University of Chicago - Booth School of Business

Daniel A. Hartley


Federal Reserve Banks - Federal Reserve Bank of Cleveland

Erik Hurst


University of Chicago - Booth School of Business; National Bureau of Economic Research (NBER)

February 1, 2012

FRB of Cleveland Working Paper No. 12-05

Abstract:     
When a city experiences a decline in income or population, do all neighborhoods within the city decline equally? Or do some neighborhoods decline more than others? What are the characteristics of the neighborhoods that decline the most? We answer these questions by looking at what happened to neighborhoods within Detroit as the city experienced a sharp decline in income and population from the 1980s to the late 2000s. We find patterns of changes in income and population that are consistent with the model and empirical patterns of gentrification presented in Guerrieri, Hartley, and Hurst (2011), only playing out in reverse.

Number of Pages in PDF File: 12

Keywords: urban decline, income dynamics, Detroit, externalities

JEL Classification: R21, R23, I32

Accepted Paper Series


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Date posted: February 2, 2012  

Suggested Citation

Guerrieri, Veronica and Hartley, Daniel A. and Hurst, Erik, Within-City Variation in Urban Decline: The Case of Detroit (February 1, 2012). FRB of Cleveland Working Paper No. 12-05. Available at SSRN: http://ssrn.com/abstract=1997368

Contact Information

Veronica Guerrieri
University of Chicago - Booth School of Business ( email )
5807 S. Woodlawn Avenue
Chicago, IL 60637
United States
Daniel A. Hartley (Contact Author)
Federal Reserve Banks - Federal Reserve Bank of Cleveland ( email )
East 6th & Superior
Cleveland, OH 44101-1387
United States
Erik Hurst
University of Chicago - Booth School of Business ( email )
5807 S. Woodlawn Avenue
Chicago, IL 60637
United States
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
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