Arpit Gupta, Take the Q Train: Value Capture of Public Infrastructure Projects

Arpit Gupta is an Assistant Professor of Finance at the New York University Stern School of Business and the co-author of Take the Q Train: Value Capture of Public Infrastructure Projects.

Chris Severen, Senior Economist at the Philadelphia Federal Reserve Bank and author of Commuting, Labor, and Housing Market Effects of Mass Transportation: Welfare and Identification and Ticket to Ride: Estimating the Costs and Benefits of Rail Transit, joins as guest co-host.

Appendices: Arpit Gupta: Order Without Design: How Markets Shape Cities, by Alain Bertaud.

Greg Shill: Two working papers by Arpit Gupta, Racial Disparities in Frontline Workers and Housing Crowding During COVID-19: Evidence from Geolocation Data and Urban Flight Seeded the COVID-19 Pandemic Across the United States. See also Urban Flight video abstract here.

Jeff Lin: The Economics of Speed:The Electrification of the Streetcar System and the Decline of Mom-and-Pop Stores in Boston, 1885-1905 by Wei You, and a Jonathan Dingel’s annual collection of job-market candidates whose JM papers fall within spatial economics, Spatial economics JMPs (2020-2021).

Chris Severen: Trains, Buses, People An Opinionated Atlas of US Transit, by Christof Spieler.

Follow us on the web or on Twitter: @denselyspeaking, @jeffrlin, @greg_shill, @arpitrage, @ChrisSeveren.

Producer: Schuyler Pals.

The views expressed on the show are those of the participants, and do not necessarily represent the views of the Federal Reserve Bank of Philadelphia, the Federal Reserve System, or any of the other institutions with which the hosts or guests are affiliated.