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(LSP) on racial segregation in public and private schools. This targeted school voucher program provides funding for low … indicates that the vast majority (82%) of LSP transfers have reduced racial segregation in the voucher students' former public … schools. LSP transfers have marginally increased segregation in the participating private schools, however, where just 45% of …
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We incorporate race into an overlapping-generations spatial-equilibrium model with neighborhood spillovers. Race matters in two ways: (i) the Black-White wage gap and (ii) homophily—the preferences of individuals over the racial composition of their neighborhood. We find that these two forces...
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A school finance equalization program established in Mississippi in 1920 failed to help many of the state's Black students - an outcome that was typical in the segregated U.S. South (Horace Mann Bond, 1934). In majority-Black school districts, local decision-makers overwhelmingly favored white...
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