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This paper develops a dynamic model of neighborhood choice along with a computationally light multi-step estimator. The proposed empirical framework captures observed and unobserved preference heterogeneity across households and locations in a flexible way. The model is estimated using a newly...
Persistent link: https://www.econbiz.de/10012461407
When the fraction of minorities in a neighborhood exceeds the tipping point white flight accelerates. I develop a revealed-preference method to estimate the tipping points of 38,000 census tracts and the preferences of households for minority neighbors in the 123 Metropolitan Statistical Areas...
Persistent link: https://www.econbiz.de/10014250154
Stable housing is critical for health, employment, education, and other social outcomes. Evictions reflect a form of housing instability that is experienced by millions of Americans each year. Inadequately treated psychiatric disorders have the potential to influence evictions in several ways....
Persistent link: https://www.econbiz.de/10013477258
We study how recent gentrification shocks impact Black and Hispanic neighborhoods, including where minority households move to after a shock and if the subsequent spatial distribution of households within a labor market area affects segregation. We first report that household moves from a given...
Persistent link: https://www.econbiz.de/10014322867
Financing retirement -- Were they prepared for retirement? : financial status at advanced ages in the HRS and AHEAD cohorts / James M. Poterba, Steven F. Venti, and David A. Wise ; comment, David Laibson -- Economic preparation for retirement / Michael D. Hurd and Susann Rohwedder ; comment,...
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