학술논문
Tracking Detroit's Economic Recovery After Bankruptcy with a New Index
Document Type
redif-article
Author
Source
Federal Reserve Bank of Chicago, Chicago Fed Letter.
Subject
Language
English
Abstract
This article presents evidence that Detroit?s economy is doing noticeably better than before the city filed for bankruptcy in July 2013. In order to track the city?s economic recovery following its bankruptcy, we use a new index that quantifies Detroit?s overall economic performance from 1998 to the present.