Effets de voisinage et localisation : la ségrégation urbaine est-elle inéluctable ?
AbstractIn this paper, we provide a theoretical framework for exploring the consequences of neighborhood informational effects - identified as role models - so as to deduce the urban configuration. With this aim, we have developed an overlapping generations model of community formation. When young, an individual must choose whether to invest in education or not. The crucial feature of our framework is that children assess the economic pay-off of education by observing the experience of the older genneration residing in their neighborhood. When an adult, an individual who cares about her offspring's income must choose the family's location. We show that there exist two urban configurations. (i) An integrated city may occur where the socio-economic composition of each neighborhood makes its inhabitants well informed and therefore willing to invest in education. (ii) A segregated city may emerge where socio-economic segreegation makes the inhabitants of poor communities be misinformed about the benefits of education.
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Bibliographic InfoPaper provided by Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne in its series Documents de travail du Centre d'Economie de la Sorbonne with number v08072.
Length: 29 pages
Date of creation: Sep 2008
Date of revision:
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Credibility; commitment; monetary policy; fiscal policy; policy mix.;
Other versions of this item:
- Fabien Moizeau & Jean-Philippe Tropeano & Jean-Christophe Vergnaud, 2010. "Effets de voisinage et localisation. La ségrégation urbaine est-elle inéluctable ?," Revue économique, Presses de Sciences-Po, vol. 0(4), pages 723-750.
- Fabien Moizeau & Jean-Philippe Tropeano & Jean-Christophe Vergnaud, 2008. "Effets de voisinage et localisation : la ségrégation urbaine est-elle inéluctable ?," UniversitÃ© Paris1 PanthÃ©on-Sorbonne (Post-Print and Working Papers) halshs-00344780, HAL.
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- I2 - Health, Education, and Welfare - - Education
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-01-31 (All new papers)
- NEP-GEO-2009-01-31 (Economic Geography)
- NEP-URE-2009-01-31 (Urban & Real Estate Economics)
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