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rural hukou owns 310 thousand yuan less housing wealth and 213 thousand yuan less total wealth than comparable household …In Chinese cities, migrants with rural hukou, compared to residents with local urban hukou, face more uncertainty, have … reasons, rural- to-urban migrants are less likely to own housing units in cities and as a result accumulate less wealth. Our …
Persistent link: https://www.econbiz.de/10012306350
rural hukou owns 310 thousand yuan less housing wealth and 213 thousand yuan less total wealth than comparable household …In Chinese cities, migrants with rural hukou, compared to residents with local urban hukou, face more uncertainty, have … reasons, rural- to-urban migrants are less likely to own housing units in cities and as a result accumulate less wealth. Our …
Persistent link: https://www.econbiz.de/10013315024
Persistent link: https://www.econbiz.de/10013336350
Education in Denmark is freely available. Despite near equal teacher salaries and per-pupil school expenditure across districts, there is substantial spatial heterogeneity in school quality as measured by teacher quality and student test scores. We argue that this is due to sorting of teachers...
Persistent link: https://www.econbiz.de/10014377137
This paper studies the causes and consequences of racial segregation using a new general equilibrium model that treats neighborhood compositions as endogenous. The model is estimated using unusually detailed restricted Census microdata covering the entire San Francisco Bay Area, and in...
Persistent link: https://www.econbiz.de/10010369129
A central feature of many models of location choice -- whether of firms or households, within or across cities -- is the role of local interactions or spillovers, whereby the payoffs from choosing a location depend in part on the number or attributes of other individuals or firms that choose the...
Persistent link: https://www.econbiz.de/10010369153
preference structure of households in the Bay Area, the elimination of racial differences in income and wealth would …
Persistent link: https://www.econbiz.de/10010369157
This paper sheds new light on the forces that drive residential segregation on the basis of race, assessing the extent to which across-race differences in other household characteristics can explain a significant portion of observed racial segregation. The central contribution of the analysis is...
Persistent link: https://www.econbiz.de/10010369247
Standard intuition suggests that residential segregation in the United States will decline when racial inequality narrows. In this paper, we hypothesize that the opposite will occur. We note that middle-class black neighborhoods are in short supply in many U.S. metropolitan areas, forcing highly...
Persistent link: https://www.econbiz.de/10012727212
Residential segregation has been blamed for causing adverse social and economic effects, and contradicting to the ideology of a free and equal society. However, studies have documented that psychological and cultural benefits of such clustering. If households believe that it would provide...
Persistent link: https://www.econbiz.de/10013218145