Showing 1 - 10 of 128
This paper introduces consumption segregation, a new margin of residential segregation, and examines its patterns … segregation in the United States and document that it is high but relatively stable over the past 15 years, with substantial … regional variation. We find that income segregation plays a more prominent role than other forms of segregation in driving …
Persistent link: https://www.econbiz.de/10014250151
segregation. We first report that household moves from a given neighborhood are concentrated to a few destinations. For minority … that overall labor market area segregation decreases after a gentrification shock because highly Black neighborhoods become …
Persistent link: https://www.econbiz.de/10014322867
We build a model of optimal fixed-rate mortgage refinancing with fixed costs and inattention and derive a new sufficient statistic that can be used to measure inattention frictions from simple moments of the rate gap distribution. In the model, borrowers pay attention to rates sporadically so...
Persistent link: https://www.econbiz.de/10014544725
The real economic cost of homeownership depends on an intricate system of taxes and subsides that vary over time and across the United States. We incorporate the key features of this system into a framework for measuring the annual user-cost of housing and we use it to document how housing costs...
Persistent link: https://www.econbiz.de/10014436955
Commercial real estate accounts for roughly 20% of the U.S. fixed asset stock, and commercial land use is highly regulated. However, little is known about the quantitative impact of these regulations on economic activity or consumer welfare. This paper develops a spatial general equilibrium...
Persistent link: https://www.econbiz.de/10014437026
The historical evolution of racial differences in income in the 20th century United States has been examined intensively by economists, but the evolution of racial differences in wealth has been examined far less. This paper uses IPUMS data to study trends in racial differences in home ownership...
Persistent link: https://www.econbiz.de/10012471506
the patterns of racial and ethnic segregation within occupation, industry, establishments, and occupation …-establishment cells. To the best of our knowledge, this is the first paper to examine segregation by race and ethnicity at the level of … establishment and job cell. Our results indicate that greater segregation between Hispanic men and white men than between Hispanic …
Persistent link: https://www.econbiz.de/10012471803
(particularly African Americans) are also associated with higher levels of residential segregation and larger gaps in …
Persistent link: https://www.econbiz.de/10012696425
Do urban children live more segregated lives than urban adults? Using cellphone location data and following the 'experienced isolation' methodology of Athey et al. (2021), we compare the isolation of students over the age of 16--who we identify based on their time spent at a high school--and...
Persistent link: https://www.econbiz.de/10012814420
slower to eliminate typhoid fever. We develop a theoretical model that illustrates how segregation, by facilitating the …
Persistent link: https://www.econbiz.de/10012814453