Opinion: Our Work on Rural Economies

Kartik Athreya

Econ Focus, 2022, issue 1Q, 32

Abstract: Rural areas and small towns come in many varieties. Some are affluent; some are poor. Some are home to major universities and hospitals; some are isolated. About a quarter of the population of the Fifth District lives in rural counties. And on average, across many measures, rural America has been having a harder time than the cities — in terms of employment, educational attainment, and health. As a regional Fed, it is in our mission to help wherever we can to promote economic vitality in our District. So, starting in early 2018, the Richmond Fed stepped up its efforts to learn about rural and small-town economies and to seek ways in which outcomes could be improved and potential unleashed. I'd like to give you an update on what we're doing.

Keywords: rural; development (search for similar items in EconPapers)
Date: 2022
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