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Economic Perspectives, Vol. 19, 3rd, No. 5, September 1995
Chicago's economic transformation: past and future

Structural changes and shifts in exports have reduced Chicago's sensitivity to macroeconomic fluctuations. Using a model of Chicago's economy, the authors find that this trend is likely to continue into the future.

Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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