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We propose an analytical resolution of Schelling segregation model for a general class of utility functions. Using … model for three utility functions corresponding to different degrees of preference for mixed neighborhoods. Schelling … Schelling model and the Duncan and Duncan segregation index. …
Persistent link: https://www.econbiz.de/10008460677
We analyze the effect of the degree of judicial enforcement on the probability of credit constraints, the amount of loan and the probability of default. Contrary to the traditional view on judicial efficiency of credit market, our estimation results show that better judicial enforcement...
Persistent link: https://www.econbiz.de/10005002524
In this work, we use the VAR and space-state methodology to analyze how the recent developments in 20 European countries have modified the dynamics of structural shocks. Our results confirm a visible progress in (predominated output fluctuations) supply shocks convergence between the CEECs and...
Persistent link: https://www.econbiz.de/10005002525
This paper shows that internationalized production, modelled as trade in inter- mediate goods, challenges the standard result according to which exchange rate volatility insulates small open economies from external shocks. Movements of relative prices aect the economy through an additional...
Persistent link: https://www.econbiz.de/10005002526
In his 1971's Dynamic Models of Segregation paper, the economist Thomas C. Schelling showed that a small preference for … deepening the understanding of the properties of dynamic models of segregation based on Schelling's hypotheses. Its main … one summarizes the ingredients of Schelling's models. We show how the choices of the agent's utility function, of the …
Persistent link: https://www.econbiz.de/10005004754
Persistent link: https://www.econbiz.de/10009549277
We propose an analytical resolution of Schelling segregation model for a general class of utility functions. Using … model for three utility functions corresponding to different degrees of preference for mixed neighborhoods. Schelling … Schelling model and the Duncan and Duncan segregation index. …
Persistent link: https://www.econbiz.de/10008793002
We propose an analytical resolution of Schelling segregation model for a general class of utility functions. Using … model for three utility functions corresponding to different degrees of preference for mixed neighborhoods. Schelling … Schelling model and the Duncan and Duncan segregation index …
Persistent link: https://www.econbiz.de/10014193221
In his 1971’s Dynamic Models of Segregation paper, the economist Thomas C. Schelling showed that a small preference for … deepening the understanding of the properties of dynamic models of segregation based on Schelling’s hypotheses. Its main … one summarizes the ingredients of Schelling’s models. We show how the choices of the agent’s utility function, of the …
Persistent link: https://www.econbiz.de/10014206123
Schelling (1969, 1971a,b, 1978) considered a simple model with individual agents who only care about the types of …. Schelling showed that an integrated society will generally unravel into a rather segregated one even though no individual agent … network structures. That is, Schelling's original results seem to be robust also to the structural properties of the network. …
Persistent link: https://www.econbiz.de/10010328574