Escape from the city?: The role of race, income, and local public goods in post-war suburbanization
Suburbs allow for sorting across towns, increasing inequality in resources for education and other local public goods. This paper demonstrates that postwar suburbanization was, in part, a flight from the declining income and changing racial composition of city residents. I estimate the marginal will...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2007
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| Schriftenreihe: | Working paper series / National Bureau of Economic Research
13311 |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Suburbs allow for sorting across towns, increasing inequality in resources for education and other local public goods. This paper demonstrates that postwar suburbanization was, in part, a flight from the declining income and changing racial composition of city residents. I estimate the marginal willingness to pay for town-level demographics -- holding neighborhood composition constant -- by comparing prices for housing units on either side of city-suburban borders (1960-1980). A one standard deviation increase in residents' median income was associated with a 3.5 percent housing price increase. Homeowners value the fiscal subsidy associated with a higher tax base, and the fiscal isolation from social problems (for example, spending on police). In addition, white households avoided racially diverse jurisdictions, particularly those that experienced rioting or underwent school desegregation. |
| Beschreibung: | Literaturverz. S. 27 - 29 |
| Beschreibung: | 44 S. graph. Darst. 22 cm |
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| spelling | Boustan, Leah Platt Verfasser (DE-588)133564819 aut Escape from the city? The role of race, income, and local public goods in post-war suburbanization Leah Platt Boustan Cambridge, Mass. National Bureau of Economic Research 2007 44 S. graph. Darst. 22 cm txt rdacontent n rdamedia nc rdacarrier Working paper series / National Bureau of Economic Research 13311 Literaturverz. S. 27 - 29 Suburbs allow for sorting across towns, increasing inequality in resources for education and other local public goods. This paper demonstrates that postwar suburbanization was, in part, a flight from the declining income and changing racial composition of city residents. I estimate the marginal willingness to pay for town-level demographics -- holding neighborhood composition constant -- by comparing prices for housing units on either side of city-suburban borders (1960-1980). A one standard deviation increase in residents' median income was associated with a 3.5 percent housing price increase. Homeowners value the fiscal subsidy associated with a higher tax base, and the fiscal isolation from social problems (for example, spending on police). In addition, white households avoided racially diverse jurisdictions, particularly those that experienced rioting or underwent school desegregation. Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.> NBER working paper series 13311 (DE-604)BV002801238 13311 http://papers.nber.org/papers/w13311.pdf kostenfrei Volltext |
| spellingShingle | Boustan, Leah Platt Escape from the city? The role of race, income, and local public goods in post-war suburbanization |
| title | Escape from the city? The role of race, income, and local public goods in post-war suburbanization |
| title_auth | Escape from the city? The role of race, income, and local public goods in post-war suburbanization |
| title_exact_search | Escape from the city? The role of race, income, and local public goods in post-war suburbanization |
| title_exact_search_txtP | Escape from the city? The role of race, income, and local public goods in post-war suburbanization |
| title_full | Escape from the city? The role of race, income, and local public goods in post-war suburbanization Leah Platt Boustan |
| title_fullStr | Escape from the city? The role of race, income, and local public goods in post-war suburbanization Leah Platt Boustan |
| title_full_unstemmed | Escape from the city? The role of race, income, and local public goods in post-war suburbanization Leah Platt Boustan |
| title_short | Escape from the city? |
| title_sort | escape from the city the role of race income and local public goods in post war suburbanization |
| title_sub | The role of race, income, and local public goods in post-war suburbanization |
| url | http://papers.nber.org/papers/w13311.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT boustanleahplatt escapefromthecitytheroleofraceincomeandlocalpublicgoodsinpostwarsuburbanization |