The Visible Hand

The paper discussed in this episode is 'The Long-Run Impacts of Public Industrial Investment on Local Development and Economic Mobility’Papers mentioned in this episode include:Chetty, R., & Hendren, N. (2018). The impacts of neighborhoods on intergenerational mobility I: Childhood exposure effects. The quarterly journal of economics, 133(3), 1107-1162.Greenstone, M., Hornbeck, R., & Moretti, E. (2010). Identifying agglomeration spillovers: Evidence from winners and losers of large plant openings. Journal of political economy, 118(3), 536-598.Kline, P., & Moretti, E. (2014). Local economic development, agglomeration economies, and the big push: 100 years of evidence from the Tennessee Valley Authority. The Quarterly journal of economics, 129(1), 275-331.