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Rick Mattoon

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About

Rick Mattoon was vice president, regional analysis and engagement, and regional executive, Detroit branch, at the Federal Reserve Bank of Chicago.

Bank Publications

Recent Publications

Comparing the Uses of Local Fiscal Recovery Funds in the Seventh District’s Large Cities and Their Counties
Emma LaGuardia, Rick Mattoon | Chicago Fed Insights | 2024 | July
Funding and Network Resource Utilization of Black-Owned Businesses in Detroit
Maude Toussaint-Comeau, Rick Mattoon, Elizabeth Kepner | Chicago Fed Insights | 2024 | February

Chicago Fed Insights

Comparing the Uses of Local Fiscal Recovery Funds in the Seventh District’s Large Cities and Their Counties
Emma LaGuardia, Rick Mattoon | 2024 | July
Funding and Network Resource Utilization of Black-Owned Businesses in Detroit
Maude Toussaint-Comeau, Rick Mattoon, Elizabeth Kepner | 2024 | February

Chicago Fed Letter

Land Value Taxes—What They Are and Where They Come From
Elizabeth Kepner, Rick Mattoon | 2023 | No. 489 | November Download
Best Practices for Financing Illinois Infrastructure: A Conference Summary
Rick Mattoon, Sarah Wetmore | 2019 | No. 414 Download
Navigating Pension Reform in Illinois
Rick Mattoon, Sarah Wetmore | 2018 | No. 398 Download
Preventing the Next State Budget Crisis: A Conference Summary
Rick Mattoon | 2018 | No. 402 Download
Chicago’s Fiscal Future: Growth or Insolvency? A Conference Summary
Rick Mattoon, Sarah Wetmore | 2017 | No. 379 Download
Improving Transparency and Accountability in State Budgeting
Rick Mattoon | 2016 | No. 351 Download
Medicaid Expansion and the Affordable Care Act: A Fiscal Checkup
Rick Mattoon, Sarah Wetmore | 2016 | No. 361 Download
Measuring and Financing Infrastructure Investments
Rick Mattoon | 2015 | No. 331 Download
Sin Taxes: The Sobering Fiscal Reality
Rick Mattoon, Sarah Wetmore | 2015 | No. 339 Download
After Detroit: How Will Illinois and Its Communities Respond?
Rick Mattoon, Sarah Wetmore | 2014 | No. 324a | July Download
What Happens after Detroit’s Bankruptcy? Lessons in Reform
Rick Mattoon | 2014 | No. 318a | January Download
Managing Economic Development in Times of Fiscal Uncertainty
Rick Mattoon, Sarah Wetmore | 2013 | No. 312a | July Download
Are Local Property Tax Breaks for Businesses and Nonprofits Broken?
Rick Mattoon | 2013 | No. 308a | March Download
Beyond Parking Meters: The Future of Public–Private Partnerships (Special Issue)
Rick Mattoon, Sarah Wetmore | 2012 | No. 299a | June Download
State Tax Revenues over the Business Cycle: Patterns and Policy Responses
Rick Mattoon, Leslie McGranahan | 2012 | No. 299 | June Download
State Budgets Under Stress: Paths to Sustainability
Rick Mattoon | 2011 | No. 291b | October Download
Local Governments on the Brink
Rick Mattoon | 2011 | No. 286a | May Download
Charting Illinois’s Fiscal Future
Rick Mattoon | 2010 | No. 277c | August Download
Should the Federal Government Bail Out the States? Lessons from Past Recessions
Rick Mattoon | 2009 | No. 265 | August Download
Assessing the State and Local Sector—Where Will the Money Come from?: A Conference Summary
Rick Mattoon | 2009 | No. 264b | July Download
Public and Private Sector Compensation: What Is Affordable in This Recession and Beyond?—A Conference Summary
Rick Mattoon | 2009 | No. 262a | May Download
Facing the Challenge of Retiree Health Care: Liabilities and Responses of State and Local Governments—A Conference Summary
Rick Mattoon | 2008 | No. 250a | May Download
Future State Business Tax Reforms: A Conference Summary
Rick Mattoon | 2007 | No. 245b | December Download
Measuring Community College Performance
Brian Fabes , Rick Mattoon | 2007 | No. 242 | September Download
New Developments in State Business Taxation: A Conference Summary
Rick Mattoon, William Testa | 2007 | No. 240a | July Download
A Forum on Medicaid and State Budgets: A Summary
Rick Mattoon | 2007 | No. 238a | May Download
Can Higher Education Foster Economic Growth?—A Conference Summary
Rick Mattoon | 2007 | No. 236a | March Download
Can Higher Education Foster Economic Growth?
Rick Mattoon | 2006 | No. 229 | August Download
State and Local Government Public Pension Forum: A Conference Summary (Special Issue)
Rick Mattoon | 2006 | No. 226a | May Download
Higher Education and Economic Growth (Special Issue)
Rick Mattoon | 2006 | No. 222a | January Download
Higher Education and Economic Growth: A Conference Report (Special Issue)
Rick Mattoon | 2006 | No. 222b | January Download
The State of Higher Education in the Midwest
Rick Mattoon | 2005 | No. 218 | September Download
Challenges and Prospects for Midwest Manufacturing
Thomas H. Klier, Rick Mattoon, William Testa | 2005 | No. 212b | March Download
State and Local Business Taxation: Is There a Better Way? (Special Issue)
Rick Mattoon | 2004 | No. 209a | December Download
Is Manufacturing at a Crossroads? (Special Issue)
Rick Mattoon, William Testa | 2004 | No. 204a | July Download
School Funding Ten Years after Michigan’s Proposal A: Does Equity Equal Adequacy?
Rick Mattoon | 2004 | No. 203 | June Download
State Budgets and the Economy
Rick Mattoon | 2004 | No. 200b | March Download
Natural Gas Prices—National and Regional Issues
Lynne Kiesling, Rick Mattoon | 2003 | No. 195 | October Download
Understanding Isolation and Change in Urban Neighborhoods (Special Issue)
Rick Mattoon | 2003 | No. 190a | June Download
Understanding Isolation and Change in Urban Neighborhoods: A Research Symposium (Midwest Infrastructure Issue)
Rick Mattoon | 2003 | No. 190b | June Download
Strategies for Improving the Midwest Workforce
Rick Mattoon | 2003 | No. 186 | February Download
Strategies for Improving the Midwest Workforce (Midwest Infrastructure Issue)
Rick Mattoon | 2003 | No. 186a | February Download
Maintaining and Financing Infrastructure in Tough Budgetary Times (Midwest Infrastructure Issue)
Rick Mattoon | 2002 | No. 184c | December Download
Midwest Infrastructure: Assessing the Contribution of Basic Infrastructure to Economic Growth (Special Issue)
Rick Mattoon | 2002 | No. 184b | December Download
Midwest Infrastructure: Shaping Electricity Policy (Special Issue)
Rick Mattoon | 2002 | No. 178a | June Download
Shaping Electricity Policy in the Midwest (Midwest Infrastructure Issue)
Rick Mattoon | 2002 | No. 178b | June Download
Electricity and the Midwest: A Survey of Conditions and Issues
Rick Mattoon | 2001 | No. 170 | October Download
What Can the Midwest Learn from California about Emissions Trading
Thomas H. Klier, Rick Mattoon, Michael A. Prager | 1997 | No. 120 | August Download
Assessing the Midwest Economy: Looking Back for the Future — A Summary
Thomas H. Klier, Rick Mattoon, William Testa | 1997 | No. 118 | June Download
Workforce Issues
Rick Mattoon, William Testa | 1996 | No. 111 | November Download
Public Finance in the Midwest: The Calm before the Storm?
Rick Mattoon | 1995 | No. 97 | September Download
Brownfield Redevelopment and Urban Economies
David Allardice, Rick Mattoon, William Testa | 1995 | No. 93 | May Download
Complying with the Clean Air Act Amendments of 1990: A Progress Report
Thomas H. Klier, Rick Mattoon | 1995 | No. 89 | January Download
Recent Developments in Clean Water Legislation
David Allardice, Thomas H. Klier, Rick Mattoon | 1994 | No. 82 | June Download
School Reform and Tax Reform: A Successful Marriage?
Paul D. Ballew , Rick Mattoon, William Testa | 1994 | No. 81 | May Download
Industry Targeting: A New Approach to Local Economic Development
Virginia L. Carlson, Rick Mattoon | 1994 | No. 77 | January Download
Assessing the Midwest Flood
Gary L. Benjamin, Rick Mattoon, William Testa | 1993 | No. 76 | December Download
How Regions Can Benefit from Flexible Environmental Compliance
Thomas H. Klier, Rick Mattoon | 1993 | No. 73 | September Download
Alternative Approaches to Meeting Economic and Environmental Challenges
David Allardice, Rick Mattoon, William Testa | 1992 | No. 63 | November Download
Buy Now, Invest Later: State and Local Government Spending Strategies
Rick Mattoon | 1992 | No. 59 | July Download
Caution: State and Local Governments Brake for Recessions
Rick Mattoon, William Testa | 1992 | No. 55 | March Download

Economic Perspectives

Electric Vehicles, Motor Fuel Taxes, and Road Funding in the Seventh District and Beyond
Emma LaGuardia, Kristin Dziczek, Rick Mattoon | 2023 | No. 2 | August Download
Industry Clusters and Economic Development in the Seventh District’s Largest Cities
Rick Mattoon, Norman Wang | 2014 | Vol. 38 | 2nd Quarter Download
Improving the Impact of Federal Aid to the States
Taft Foster , Vanessa Haleco-Meyer, Rick Mattoon | 2010 | Vol. 34 | No. 3 | 3rd Quarter Download
Issues Facing State and Local Government Pensions
Rick Mattoon | 2007 | Vol. 31 | 3rd Quarter Download
Energy Markets and the Midwest Economy
Rick Mattoon | 2005 | Vol. 29 | No. 4 | November | 4th Quarter Download
The state of the state and local government sector: Fiscal issues in the Seventh District
Rick Mattoon | 2004 | Vol. 28 | No. 1 | January Download
The electricity system at the crossroads — Policy choices and pitfalls
Rick Mattoon | 2002 | Vol. 26 | No. 1 | February Download
Reversal of Fortune: Understanding the Midwest recovery
Thomas H. Klier, Rick Mattoon, William Testa | 1997 | Vol. 21 | No. 4 | June | 4th Quarter Download
Can alternative forms of governance help metropolitan areas?
Rick Mattoon | 1995 | Vol. 19 | No. 6 | November | 4th Quarter Download
Midwest approaches to school reform
Rick Mattoon, William Testa | 1995 | Vol. 19 | No. 1 | January Download
Shaping the Great Lakes economy: a conference summary
Rick Mattoon, William Testa | 1993 | Vol. 17 | No. 4 | July | 2nd Quarter Download
Economic development policy in the 1990s—are state economic development agencies ready?
Rick Mattoon | 1993 | Vol. 17 | No. 3 | May | 2nd Quarter Download
Can the States Solve the Health Care Crisis?
Rick Mattoon | 1992 | Vol. 16 | No. 6 | November | 3rd Quarter Download
State and local governments reaction to recession
Rick Mattoon, William Testa | 1992 | Vol. 16 | No. 2 | March Download
Balancing act: Tax structure in the Seventh District
Rick Mattoon | 1991 | Vol. 15 | No. 5 | September | 3rd Quarter Download
The going gets tough: State and local governments confront the nineties
Linda Aguilar , Rick Mattoon, William Testa | 1991 | Vol. 15 | No. 3 | May | 2nd Quarter Download

Midwest Economy Blog

How Are Chicago and Detroit Spending Their Local Fiscal Recovery Funds?
Emma LaGuardia, Rick Mattoon | 2023 | May
How Will Detroit Spend $826 Million in Federal Aid?
Rick Mattoon | 2022 | May
How Should the State of Illinois Pay for its Unfunded Pension Liability? The Case for a Statewide Residential Property Tax
Thomas Haasl, Rick Mattoon, Thomas Walstrum | 2018 | May
Revisiting fiscal federalism: Implications of Illinois’s and Chicago’s fiscal problems
Rick Mattoon | 2017 | April
Measuring Tax Capacity for Municipalities in Cook County
Rick Mattoon, Thomas Haasl | 2016 | November
Where are the Jobs? Midwest Jobs Recovery by State and Sector
Rick Mattoon | 2016 | November
What is Illinois’s Tax Capacity?
Rick Mattoon, Thomas Haasl | 2016 | September
Making Value for America: A study by the National Academy of Engineering
Rick Mattoon | 2015 | May
Infrastructure and Economic Growth — A Conference Preview for November 3
Rick Mattoon | 2014 | October
Economic Development in Chicago
William Testa, Rick Mattoon | 2014 | August
Economic Development in Detroit
William Testa, Rick Mattoon | 2014 | August
Economic Development in Milwaukee, WI
William Testa, Rick Mattoon | 2014 | August
Economic Development in Des Moines, Iowa
William Testa, Rick Mattoon | 2014 | July
Economic Development in Indianapolis, Indiana
William Testa, Rick Mattoon | 2014 | July
Managing Economic Development in Uncertain Fiscal Times
Rick Mattoon | 2013 | March
Alternative financing for state and local governments: Do ‘managed competition’ and asset sales or leases make sense?
Rick Mattoon | 2012 | February
State Government Fiscal Performance in the Seventh Federal Reserve District: How bad is it? How bad will it be?
Rick Mattoon | 2009 | March
The Economic View from the State Budget Trenches
Rick Mattoon | 2008 | December
A Resolution (Revolution?) for the Midwest
Rick Mattoon | 2008 | August
Assessing the Midwest Floods of 2008 (and 1993)
Rick Mattoon | 2008 | July
Innovation: Measurement and Policies
Rick Mattoon | 2008 | April
The fiscal state of the states (and municipalities): Not so good
Rick Mattoon | 2008 | March
OPEB … Oh No!
Rick Mattoon | 2008 | January

Michigan Economy Blog

Bottlenecks and Uncertainty Amid the Pivot to Electric Vehicle Production: Highlights from the 2022 Automotive Insights Symposium
Martin Lavelle, Rick Mattoon | 2022 | January
What Would Detroit’s Business Ownership Look Like with Racial Parity?
Elizabeth Kepner, Rick Mattoon | 2021 | August
Economic Development in Detroit
Rick Mattoon | 2014 | July

Working papers

Working Papers

Revenue Bubbles and Structural Deficits: What’s a State to Do? (REVISED April 2012)
Rick Mattoon, Leslie McGranahan | 2008 | No. 2008-15 | July Download
A New Social Compact: How University Engagement Can Fuel Innovation
Larry Isaak, Rick Mattoon, Laura Melle | 2006 | No. 2006-08 Download
Creating a National State Rainy Day Fund: A Modest Proposal to Improve Future State Fiscal Performance
Rick Mattoon | 2003 | No. 2003-20 Download
A Mixed Bag: Assessment of Market Performance and Firm Trading behavior in the NOx RECLAIM Program
Thomas H. Klier, Rick Mattoon, Michael A. Prager | 1996 | No. 96-12 Download

Selected External Publications

Acceptances in Academic Journals and Books

Brave, Scott A., and Rick Mattoon, 2020, “Explaining urban economic growth through cluster complementarity,” Growth and Change: A Journal of Urban and Regional Policy, Vol. 51, No. 1, March, pp. 4–33. 20200301060000
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