The Roosevelt Institution
This project aims broadly to research the impact of universities on their local economies.
Specifically, we will analyze particular aspects of Yale's economic relationship with New Haven, such as wages, contracts, and development. Yale is the single largest employer in New Haven and comprises around 2/3 of its economy, through venues such as taxation, tourism, grants, and voluntary contributions. Additionally, Yale is planning a series of expansions for the near future, including new facilities and likely two new colleges.
In many other ways, Yale leads all the the nation's universities in benefiting its home city. Yet unlike many other universities, Yale lacks some comprehensive data regarding its exact contributions through specific programs.
The Center for Economic Policy will analyze the innovations and inefficiencies of Yale's programs to mutually benefit itself and its local economy, and conduct a comparative study with other universities. We will speak with Yale administrators, local leaders, and contacts from other universities with the end goal of composing a study of the best policies through which universities and host cities can encourage one another's economic development.
Meetings:
6pm in TD South Common Room
Group members:
Benjamin M Bokser
Virginia Calkins
Lulu Cheng
Ann Chou
Brian De
Lauren Hunter
Lisa Marrone
Danny Townsend