This paper argues that new state strategies towards financial volatility have created dramatic new forms for the racialization of credit risk.
Optimal Leverage in Real Estate Investment with Mezzanine Lending GCP-07-02
The paper presents a theoretical analysis of the optimal leverage for the purpose of investing in real estate under the condition that borrowing in excess of a standard amount such as 70 to 80 percent of the purchase price must be accomplished through a mezzanine loan with a high rate of interest.
Does Form of Fiscal Governance Matter: Fiscal Practices and Outcomes in Chicago Suburbs GCP-07-01
This paper explores the extent to which government performance varies between traditional council-mayor structures and reformed council-manager structures. Little research exists on the linkage between type of government and financial management practices outside of budgeting or performance measurement.
From Daley to Daley: Chicago Politics 1955 – 2006 GCP-06-03
In the past fifty years Chicago has been transformed socially, economically, governmentally, and politically.
Financing Infrastructure in the 21st Century City: “How Did I Get Stuck Holding the Bag?” GCP-06-02
This essay identifies critical issues in financing city infrastructure and a realistic set of options available to policymakers.
Property Taxes and Commercial Real Estate Values in Urban Areas GCP-96-11
The purpose of this paper is to present a summary of what is known about the effects of property taxation on the market rents and market values of commercial and industrial real estate in urban areas.
An Investigation into the Impact of Hazardous Waste Contamination Liability in Urban Industrial Land Redevelopment in the City of Chicago GCP-95-5
The purpose of this research is to investigate empirically how the behavior of buyers and developers of industrial property in Chicago might be influenced by the perceived contamination risk.