Empirical Economic Bulletin, An Undergraduate Journal


This paper investigates what economic indicators affect the rate of homelessness in the United States. By combining both the personal issues of the homeless people themselves along with economic structural issues in U.S. this study finds what the largest determinants of chronic homelessness. The study includes variables such as median house prices from the Case Shiller Index, the poverty rate, unemployment rate, health care expenditures per capita and demographics to find what causes a higher homeless rate. The data used to determine the conclusions will be pulled from twenty different major U.S. metropolitan cities to showcase how different economic variables can affect homeless populations. This study shows that certain demographics are far more likely to experience homelessness and that there are clear structural issues that need to be solved.