NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

People, Places and Public Policy: Some Simple Welfare Economics of Local Economic Development Programs

Patrick Kline, Enrico Moretti

NBER Working Paper No. 19659
Issued in November 2013

---- Acknowledgements -----

We thank Alan Auerbach, Tim Bresnahan, Rebecca Diamond, Juan Carlos Suarez Serrato, Reed Walker, Danny Yagan, and Owen Zidar for helpful comments. Attila Lindner provided outstanding research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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