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Aspirations, Segregation and Occupational Choice

  • Dilip Mookherjee

    ()

  • Stefan Napel
  • Debraj Ray

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. 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. [WP no. 187].

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File URL: http://www.esocialsciences.org/Download/repecDownload.aspx?fname=Document16102008200.3676874.pdf&fcategory=Articles&AId=1710&fref=repec
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Paper provided by eSocialSciences in its series Working Papers with number id:1710.

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Date of creation: Oct 2008
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Handle: RePEc:ess:wpaper:id:1710
Note: Institutional Papers
Contact details of provider: Web page: http://www.esocialsciences.org

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  1. Mookherjee, Dilip & Napel, Stefan, 2007. "Intergenerational mobility and macroeconomic history dependence," Journal of Economic Theory, Elsevier, vol. 137(1), pages 49-78, November.
  2. 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.
  3. Dilip Mookherjee & Stefan Napel & Debraj Ray, 2008. "Aspirations, Segregation and Occupational Choice," Working Papers id:1710, eSocialSciences.
  4. 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.
  5. Oded Galor & Joseph Zeira, 2013. "Income Distribution and Macroeconomics," Working Papers 2013-12, Brown University, Department of Economics.
  6. Napel, Stefan & Schneider, Andrea, 2006. "Intergenerational talent transmission, inequality, and social mobility," Working Paper 52/2006, Helmut Schmidt University, Hamburg.
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