NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Is Urban Decay Bad? Is Urban Revitalization Bad Too?

Jacob L. Vigdor

NBER Working Paper No. 12955
Issued in March 2007

---- Acknowledgements -----

The author is grateful to Yongsuk Lee, Joshua Kinsler and Patrick Dudley for research assistance, and to Erzo F.P. Luttmer and seminar participants at Yale University, the 2006 NBER Summer Institute workshop on Public Economics and Real Estate, and at the 2005 American Real Estate and Urban Economics Association International Meeting for helpful comments on earlier drafts. Remaining errors are the author's responsibility. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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