Place-Based Aid Versus People-Based Aid and the Role of an Urban Audit in a New Urban Strategy

25 Pages Posted: 5 Apr 1999

See all articles by Joseph Gyourko

Joseph Gyourko

University of Pennsylvania - Real Estate Department; National Bureau of Economic Research (NBER)

Abstract

Cities with relatively high poverty rates remain high-cost places in which to live and work, even with hundreds of billions of dollars in means-tested monetary and in-kind transfers flowing annually to their poorer residents. Consequently, place-based aid to jurisdictions is needed to eliminate the cost differential between central cities and many of their suburbs that firms and middle-class households correctly perceive when they make location decisions. An Urban Audit is needed to provide estimates of how much aid is required to equalize poverty-related costs of various public services across jurisdictions and to provide localities incentives to employ the funds efficiently.

JEL Classification: H72, H79

Suggested Citation

Gyourko, Joseph E., Place-Based Aid Versus People-Based Aid and the Role of an Urban Audit in a New Urban Strategy. Available at SSRN: https://ssrn.com/abstract=156917 or http://dx.doi.org/10.2139/ssrn.156917

Joseph E. Gyourko (Contact Author)

University of Pennsylvania - Real Estate Department ( email )

Philadelphia, PA 19104-6330
United States
215-898-3003 (Phone)
215-573-2220 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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