Wednesday, May 20, 2026 12:30 - 14:00

This event is both online and in person.

SAL 1.04, 1st Floor Conference Room, Sir Arthur Lewis Building, LSE, 32 Lincoln's Inn Fields, London WC2A 3PH

Online participants are welcome:
Please sign up to our mailinglist (seminar_macroiep) to receive event updates and a link to the seminar online.

About this event

The Opportunity Zone program was designed to encourage investment in distressed communities across the United States. Using the latest survey and administrative data, we comprehensively study the labor market impacts of OZs. We find that OZ designation increases job creation among businesses within zones. However, a large share of newly created jobs in zones is offset by declines in nearby low-income communities. While we detect gains in OZ resident employment, the increase comes from jobs with workplaces outside of OZs that, in light of the changing demographic composition of zones, are likely held by new as opposed to existing residents. A model combining firm location choice, capital-skill complementarity, and skill-differentiated residential mobility can rationalize the findings and offers insights into how alternatively structured incentives might affect the program's direct and indirect impacts.

Participants are expected to adhere to the CEP Events Code of Conduct.

Directions

This event will take place in SAL 1.04, 1st Floor Conference Room, Sir Arthur Lewis Building, LSE, 32 Lincoln's Inn Fields, London WC2A 3PH.

Online participants are welcome:
Please sign up to our mailinglist (seminar_macroiep) to receive event updates and a link to the seminar online.

The building is labelled SAL on the LSE campus map. You can also find us on Google Maps. For further information, go to contact us.

Trade and Urban Seminars are part of the CEP's Trade programme and Urban programme.