Teaching new markets old tricks: The effects of subsidized investment on low-income neighborhoods
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Teaching new markets old tricks: The effects of subsidized investment on low-income neighborhoods
a r t i c l e i n f o Keywords: Place-based programs Business incentives Tax credits Low-income neighborhoods Regression discontinuity This paper examines the effects of investment subsidized by the federal government's New Markets Tax Credit (NMTC) program, which provides tax incentives to encourage private investment in low-income neighborhoods. I identify the impacts of the program by taking...
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ژورنال
عنوان ژورنال: Journal of Public Economics
سال: 2012
ISSN: 0047-2727
DOI: 10.1016/j.jpubeco.2012.07.006