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increase in residential segregation by income. Using US Census data, we first document a positive correlation between … inequality and segregation at the MSA level between 1980 and 2010. We then develop a general equilibrium overlapping generations … model, segregation and inequality amplify each other because of a local spillover that affects the returns to education. We …
Persistent link: https://www.econbiz.de/10012864803
American metropolitan areas have experienced rising residential segregation by income since 1970. One potential … presents a measure of residential segregation by income, the Centile Gap Index (CGI) which is based on income percentiles …. Using the CGI, I find that a one standard deviation increase in income inequality raises residential segregation by income …
Persistent link: https://www.econbiz.de/10013236829
greater segregation of high- and low-skill workers into separate firms. A model in which workers of different skill-levels are … imperfect substitutes can simultaneously account for these increases in segregation and inequality either through technological …
Persistent link: https://www.econbiz.de/10013246994
A large literature has documented a significant increase in the difference between the wage of college graduates and high school graduates over the past 30 years. I show that from 1980 to 2000, college graduates have experienced relatively larger increases in cost of living, because they have...
Persistent link: https://www.econbiz.de/10012758329
We explore the impact of rising incomes at the top of the distribution on spatial sorting patterns within large U.S. cities. We develop and quantify a spatial model of a city with heterogeneous agents and non-homothetic preferences for neighborhoods with endogenous amenity quality. As the rich...
Persistent link: https://www.econbiz.de/10012864806
This paper examines the education literature through the lens of sorting. It argues that how individuals sort across neighborhoods, schools and households (spouses), can have important consequences for the acquisition of human capital and inequality. It discusses the implications of different...
Persistent link: https://www.econbiz.de/10013246367
Departures from self-centred, consumption-oriented decision making are increasingly common in economic theory and are well motivated by a wide range of behavioural data from experiments, surveys, and econometric inference. A number of studies have shown large negative externalities in individual...
Persistent link: https://www.econbiz.de/10012751075
The Medicare program is now an important source of transfers to elderly and disabled beneficiaries, and will continue to grow rapidly in the future. Because the Medicare program is so large in magnitude, it can have significant redistributional effects. In this paper, we measure the flow of...
Persistent link: https://www.econbiz.de/10013313769
inequality aversion and financing the subsidy is not too distortive …
Persistent link: https://www.econbiz.de/10013232894
counterfactual reductions in commuting costs lead to marked increases in racial and education segregation and, to a lesser degree …, increases in income segregation, given that households now find it easier to locate in neighborhoods with like households. While … turning off preferences for housing characteristics increases racial segregation, especially for blacks, doing so reduces …
Persistent link: https://www.econbiz.de/10013120986