Volume 4, Number 1 - Urban Economic Development - Spring 2000
Title: The Long-Run Fiscal Health of Central Cities: The Impact of Devolution
Authors: Howard Chernick and Andrew Reschovsky
Abstract: Although cities appear to be stronger fiscally than they have in over a decade, the
authors argue that central cities remain in a weak fiscal position, and that their position will be further weakened by the
devolution of welfare responsibilities to the states. Chernick and Reschovsky explore the reasons why the fiscal health of
central cities is weaker than most suburban communities and how welfare reform will affect central citiesŐ fiscal health.
Lastly, they propose several policies that may improve the long-run fiscal health of central cities.
About the Authors: Howard A. Chernick is a professor of Economics at Hunter College of the City
University of New York. Professor Chernick worked as a senior researcher in the U.S. Department of Health and Human Services
prior to coming to Hunter College. He received his Ph.D. in Economics from the University of Pennsylvania. Andrew Reschovsky
is a professor of Agricultural and Applied Economics and Public Affairs at the University of Wisconsin-Madison. He has worked
with the U.S. Treasury and recently as an advisor to the Government of South Africa. He received his Ph.D. in Economics from
the University of Pennsylvania.
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