Infrastructure and Economic Growth: Measuring the Impact and Funding Models
Most engineering assessments of U.S. infrastructure find that the quality of roads, bridges and water systems are in decline. Providing funding for infrastructure programs has been challenging at all levels of government despite economic research that suggests infrastructure investments can be an important component in growing the economy. This program examined what is known about the value of infrastructure investments based on recent research and explore funding models that may help to pay for infrastructure during a time of constrained government resources.
Monday, 11/03/14
8:30 AM
Welcome and Opening Remarks
Charles L. Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago
8:40 AM
Recent Evidence on the Relationship of Infrastructure to Economic Growth
Moderator
William Testa, Vice President and Director of Regional Programs, Federal Reserve Bank of Chicago
Therese McGuire, Senior Associate Dean, Kellogg School of Management and Chair, Committee on Economic and Employment Benefits of Transportation Investments in Response to Economic Downturns
Daniel Wilson, Research Advisor, Federal Reserve Bank of San Francisco
Tracy Gordon, Senior Fellow, Tax Policy Center, Urban Institute and Brookings Institution
10:00 AM
Break
10:15 AM
How to Pay for Infrastructure During a Time of Constrained Resources
Moderator
Rick Mattoon, Senior Economist and Economic Advisor, Federal Reserve Bank of Chicago
Ben Husch, Committee Director, Natural Resources and Infrastructure Committee, National Conference of State Legislatures
John Roberts, State Budget Director, State of Michigan
James Whitty, Program Manager, Oregon Department of Transportation
Stephen Beitler, Chief Executive Officer, Chicago Infrastructure Trust
12:15 PM
Adjourn
