Assessing the Incidence and Efficiency of a Prominent Place Based Policy
---- Acknowledgements -----
The authors would like to thank David Albouy, John Bound, David Card, Raj Chetty, Bryan Graham, Justin McCrary and Edson Severini for helpful comments. An early version of this paper circulated under the title "Do Local Economic Development Programs Work? Evidence from the Federal Empowerment Zone Program." Any opinions and conclusions expressed herein are those of the authors and do not necessarily represent the views of the U.S. Census Bureau or the National Bureau of Economic Research. All results have been reviewed to ensure that no confidential information is disclosed. Support for this research at the Berkeley, Michigan, and Suitland RDCs from NSF (ITR-0427889) is also gratefully acknowledged.