Residential segregation in general equilibrium:
"Black households in the United States with high levels of income and education (SES) typically face a stark tradeoff when deciding where to live. They can choose neighborhoods with high levels of public goods or a high proportion of blacks, but very few neighborhoods combine both, a fact we do...
Gespeichert in:
Hauptverfasser: | , , |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2005
|
Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
11095 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | "Black households in the United States with high levels of income and education (SES) typically face a stark tradeoff when deciding where to live. They can choose neighborhoods with high levels of public goods or a high proportion of blacks, but very few neighborhoods combine both, a fact we document clearly. In the face of this constraint, we conjecture that racial sorting may dramatically lower the consumption of local public goods by high-SES blacks. To shed light on this, we estimate a model of residential sorting using unusually detailed restricted Census microdata, then use the estimated preferences to simulate a counterfactual world in which racial factors play no role in household residential location decisions. Results from this exercise provide the first evidence that sorting on the basis of race gives rise to significant reductions in the consumption of local public goods by black and high-SES black households in particular. These consumption effects lead to significant losses of welfare and are likely to have important intergenerational implications"--National Bureau of Economic Research web site. |
Beschreibung: | 39, [16] S. graph. Darst. |
Internformat
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520 | 3 | |a "Black households in the United States with high levels of income and education (SES) typically face a stark tradeoff when deciding where to live. They can choose neighborhoods with high levels of public goods or a high proportion of blacks, but very few neighborhoods combine both, a fact we document clearly. In the face of this constraint, we conjecture that racial sorting may dramatically lower the consumption of local public goods by high-SES blacks. To shed light on this, we estimate a model of residential sorting using unusually detailed restricted Census microdata, then use the estimated preferences to simulate a counterfactual world in which racial factors play no role in household residential location decisions. Results from this exercise provide the first evidence that sorting on the basis of race gives rise to significant reductions in the consumption of local public goods by black and high-SES black households in particular. These consumption effects lead to significant losses of welfare and are likely to have important intergenerational implications"--National Bureau of Economic Research web site. | |
650 | 4 | |a Schwarze. USA | |
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author | Bayer, Patrick J. 1972- McMillan, Robert Rueben, Kim S. 1966- |
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id | DE-604.BV023591310 |
illustrated | Illustrated |
index_date | 2024-07-02T22:41:28Z |
indexdate | 2024-07-09T21:25:10Z |
institution | BVB |
language | English |
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physical | 39, [16] S. graph. Darst. |
publishDate | 2005 |
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publisher | National Bureau of Economic Research |
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series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
spelling | Bayer, Patrick J. 1972- Verfasser (DE-588)129714313 aut Residential segregation in general equilibrium Patrick Bayer ; Robert McMillan ; Kim Rueben Cambridge, Mass. National Bureau of Economic Research 2005 39, [16] S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11095 "Black households in the United States with high levels of income and education (SES) typically face a stark tradeoff when deciding where to live. They can choose neighborhoods with high levels of public goods or a high proportion of blacks, but very few neighborhoods combine both, a fact we document clearly. In the face of this constraint, we conjecture that racial sorting may dramatically lower the consumption of local public goods by high-SES blacks. To shed light on this, we estimate a model of residential sorting using unusually detailed restricted Census microdata, then use the estimated preferences to simulate a counterfactual world in which racial factors play no role in household residential location decisions. Results from this exercise provide the first evidence that sorting on the basis of race gives rise to significant reductions in the consumption of local public goods by black and high-SES black households in particular. These consumption effects lead to significant losses of welfare and are likely to have important intergenerational implications"--National Bureau of Economic Research web site. Schwarze. USA Ökonometrisches Modell African Americans Housing Econometric models McMillan, Robert Verfasser (DE-588)12863619X aut Rueben, Kim S. 1966- Verfasser (DE-588)129717827 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11095 (DE-604)BV002801238 11095 http://papers.nber.org/papers/w11095.pdf kostenfrei Volltext |
spellingShingle | Bayer, Patrick J. 1972- McMillan, Robert Rueben, Kim S. 1966- Residential segregation in general equilibrium National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Schwarze. USA Ökonometrisches Modell African Americans Housing Econometric models |
title | Residential segregation in general equilibrium |
title_auth | Residential segregation in general equilibrium |
title_exact_search | Residential segregation in general equilibrium |
title_exact_search_txtP | Residential segregation in general equilibrium |
title_full | Residential segregation in general equilibrium Patrick Bayer ; Robert McMillan ; Kim Rueben |
title_fullStr | Residential segregation in general equilibrium Patrick Bayer ; Robert McMillan ; Kim Rueben |
title_full_unstemmed | Residential segregation in general equilibrium Patrick Bayer ; Robert McMillan ; Kim Rueben |
title_short | Residential segregation in general equilibrium |
title_sort | residential segregation in general equilibrium |
topic | Schwarze. USA Ökonometrisches Modell African Americans Housing Econometric models |
topic_facet | Schwarze. USA Ökonometrisches Modell African Americans Housing Econometric models |
url | http://papers.nber.org/papers/w11095.pdf |
volume_link | (DE-604)BV002801238 |
work_keys_str_mv | AT bayerpatrickj residentialsegregationingeneralequilibrium AT mcmillanrobert residentialsegregationingeneralequilibrium AT ruebenkims residentialsegregationingeneralequilibrium |