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This paper explores the manner in which race and income interact to determine patterns of residential location in metropolitan areas. We use a framework in which individuals care about both the level of affluence and the racial composition of their communities, and in which there are differences...
Persistent link: https://www.econbiz.de/10005135081
Racial segregation in residential patterns remains pervasive in the United States. This persistence is usually attributed to some combination of neighborhood preferences over racial composition, discrimination in real estate and credit markets, and the effects of racial disparities in income. We...
Persistent link: https://www.econbiz.de/10005119037