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tests. Racial segregation is frequently pointed out as one of the main factors behind this situation in the international … literature. We studied the effects of racial segregation on the black-white score gap for 5th-grade students in Brazil. Even … after the inclusion of several control variables, we found that the higher school racial segregation is, the higher the …
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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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Differences in college and post-graduate degree attainment alone explain less than half of Black-White and Hispanic-White wealth gaps in a standard wealth regression. Differences in family structure and measures of luck such as income windfalls and inheritances explain even less. Measures of...
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