Aspirations, Segregation and Occupational Choice
This paper examines steady states of an overlapping generations economy with a given distribution of household locations over a one-dimensional interval. Parents decide whether or not to educate their children. Such decisions are a ected by location: parental aspirations depend on the earnings of their neighbors. At the same time, economy-wide wages endogenously adjust to bring factor supplies into line with demand. The model therefore combines local social interaction with global market interaction. The paper studies steadystate configurations of skill acquisition, both with and without segregation, and studies the macroeconomic and welfare effects of segregation on aggregate economic outcomes.
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Web page: http://www.bu.edu/econ/
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- Pancs, Romans & Vriend, Nicolaas J., 2007.
"Schelling's spatial proximity model of segregation revisited,"
Journal of Public Economics,
Elsevier, vol. 91(1-2), pages 1-24, February.
- Romans Pancs & Nicolaas J. Vriend, 2003. "Schelling's Spatial Proximity Model of Segregation Revisited," Working Papers 487, Queen Mary University of London, School of Economics and Finance.
- Romans Pancs & Nicolaas J. Vriend, 2003. "Schelling's Spatial Proximity Model of Segregation Revisited," Computing in Economics and Finance 2003 63, Society for Computational Economics.
- Romans Pancs & Nicolaas J. Vriend, . "Schelling's Spatial Proximity Model of Segregation Revisited," Modeling, Computing, and Mastering Complexity 2003 15, Society for Computational Economics.
- Dilip Mookherjee & Stefan Napel & Debraj Ray, 2008.
"Aspirations, Segregation and Occupational Choice,"
Boston University - Department of Economics - The Institute for Economic Development Working Papers Series
dp-182, Boston University - Department of Economics.
- Christian Ghiglino & Sanjeev Goyal, 2010.
"Keeping Up with the Neighbors: Social Interaction in a Market Economy,"
Journal of the European Economic Association,
MIT Press, vol. 8(1), pages 90-119, 03.
- Christian Ghiglino & Sanjeev Goyal, 2008. "Keeping up with the neighbours: social interaction in a market economy," Economics Discussion Papers 655, University of Essex, Department of Economics.
- Galor, Oded & Zeira, Joseph, 1988.
"Income Distribution and Macroeconomics,"
51644, University Library of Munich, Germany, revised 01 Sep 1989.
- Napel, Stefan & Schneider, Andrea, 2008.
"Intergenerational talent transmission, inequality, and social mobility,"
Elsevier, vol. 99(2), pages 405-409, May.
- Napel, Stefan & Schneider, Andrea, 2006. "Intergenerational talent transmission, inequality, and social mobility," Working Paper 52/2006, Helmut Schmidt University, Hamburg.
- Dilip Mokherjee & Stefan Napel, 2006.
"Intergenerational Mobility and Macroeconomic History Dependence,"
1, Aboa Centre for Economics.
- Mookherjee, Dilip & Napel, Stefan, 2007. "Intergenerational mobility and macroeconomic history dependence," Journal of Economic Theory, Elsevier, vol. 137(1), pages 49-78, November.
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