Effets de voisinage et localisation : la ségrégation urbaine est-elle inéluctable ?
In 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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