David Neumark, Distinguished Professor of Economics at the University of California, Irvine, writes, “Existing place-based policies—especially enterprise zones—have generally failed to provide benefits to the least advantaged. … I propose a new place-based policy—Rebuilding Communities Job Subsidies, or RCJS—to encourage job and income growth in areas of economic disadvantage.”

For the full story, please visit https://www.brookings.edu/research/rebuilding-communities-job-subsidies/.