The bipartisan Economic Innovation Group (EIG) looked at two research papers that examined Opportunity Zones (OZs). Although not perfect — no policy is — the “sharp departure from previous attempts” shows a path that future government actions in the area might model themselves on.

The first paper, Locally Optimal Place-Based Policies: Evidence from Opportunity Zones, by economist Harrison Wheeler, looked at how OZs affected new residential and commercial development.


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Erik Sherman



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