A talk by by Daniel Hartley of the Federal Reserve Bank of Cleveland
This paper (joint with Dionissi Aliprantis, Federal Reserve Bank of Cleveland) estimates the effect that the closure and demolition of roughly 20,000 units of geographically concentrated high-rise public housing had on crime in Chicago. We estimate local effects of closures on crime in the neighborhoods where high-rises stood and in proximate neighborhoods.
We also estimate the impact that households displaced from high-rises had on crime in the neighborhoods to which they moved and neighborhoods close to those. Overall, reductions in violent crime in and near the areas where high-rises were demolished greatly outweighed increases in violent crime associated with the arrival of displaced residents in new neighborhoods.
Sponsored by the Economics Department Danforth-Lewis Speakers Series.
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