• AEA in the news
  • March 28, 2016

Can New York Fix Its Housing Crisis?

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The Pacific Standard cited a new study appearing in the April issue of the American Economic Review. In The Effects of Exposure to Better Neighborhoods on Children: New Evidence from the Moving to Opportunity Experiment, the authors study a program that offered randomly-selected families in high-poverty neighborhoods vouchers to move to more affluent neighborhoods. Children (especially younger children) in these families benefitted greatly from the move, going to college at higher rates and earning more later in life.