We estimate the parameters of a dynamic, forward-looking neighborhood choice model in 197 metro areas where households have preferences over the racial composition of neighborhoods. Our inclusion of multiple metro areas in the estimation sample enables us to develop a new, shift-share IV...

Whether contemporary households consider the race of their neighbors when choosing a neighborhood is controversial. We study neighborhood choice using a novel research design that contrasts the move rate of homeowners who receive a new different-race neighbor nearby to that of homeowners who...