EconPapers    
Economics at your fingertips  
 

COVID-19, the New Urban Crisis, and Cities: How COVID-19 Compounds the Influence of Economic Segregation and Inequality on Metropolitan Economic Performance

Richard Florida and Todd Gabe

Economic Development Quarterly, 2023, vol. 37, issue 4, 328-348

Abstract: This paper examines the connection between measures of a U.S. metropolitan area's new urban crisis (i.e., unaffordable housing, economic inequality, and residential segregation) and its year-over-year employment change in the period immediately before and during the COVID-19 pandemic. Results show that measures of the new urban crisis did not generally have a statistically significant association with year-over-year employment change between January and September of 2020, which captures the period before COVID-19 and the beginning of the pandemic (e.g., shutdown). The severity of a region's economic segregation and inequality, however, are associated with higher rates of employment decline in the early recovery months of October to December of 2020. These findings suggest that places that rate worse for indicators of the new urban crisis were less able to recover from the negative economic shocks related to COVID-19.

Keywords: urban crisis; economic inequality; economic segregation; workforce development; economic development (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/08912424231155969 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:ecdequ:v:37:y:2023:i:4:p:328-348

DOI: 10.1177/08912424231155969

Access Statistics for this article

More articles in Economic Development Quarterly
Bibliographic data for series maintained by SAGE Publications ().

 
Page updated 2024-07-01
Handle: RePEc:sae:ecdequ:v:37:y:2023:i:4:p:328-348