Segregation, exclusion and compensating transfers under a dynamic setting
Anas (2002) has shown that there exist equilibria with exclusion and the payments of economic transfers where whites and blacks are better off than in the case without them. Anas’ model is static so it does not consider important dynamics aspect of this phenomenon. Hence, we have developed a dynamic general equilibrium model of segregation. Our main findings are: there exists a path of transfers such as there is a dynamic equilibrium where whites and blacks are better off with exclusion and transfers; and higher levels of prejudices imply lower levels of aggregated utility. Finally, the effects of a prejudice shock can last between 2 and 30 years, hence policymakers must pay attention to sudden positive prejudice shocks in order to implement policies to reduce their consequences.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 44 (2012)
Issue (Month): 17 (June)
|Contact details of provider:|| Web page: http://www.tandfonline.com/RAEC20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/RAEC20|
When requesting a correction, please mention this item's handle: RePEc:taf:applec:44:y:2012:i:17:p:2203-2215. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.