Social and Behavioral Sciences Commons^™

Identifying Persistent Regional Economic Distress Due To The Great Recession, Timothy Bartik

Timothy J. Bartik

Upjohn Institute researchers will estimate the extent to which recessions have a persistent effect on per capita income in the most severely affected local areas. If persistent effects are identified, the project will explore which indicators will best identify the local areas that suffer from persistently lower per capita income. Prolonged local distress may rationalize federal policy to assist residents in the identified regions, either individually or regionally. Any such federal policy needs reliable indicators of which regions are most likely to suffer persistent economic distress. Empirical work will be done in two stages: 1) estimate the persistent effects on …