Titlebar

Export bibliographic data
Literature by the same author
plus on the publication server
plus at Google Scholar

 

Aspirations, Segregation and Occupational Choice

Title data

Mookherjee, Dilip ; Ray, Debraj ; Napel, Stefan:
Aspirations, Segregation and Occupational Choice.
In: Journal of the European Economic Association. Vol. 8 (2010) Issue 1 . - pp. 139-168.
ISSN 1542-4774

Abstract in another language

This paper examines the 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. Educational decisions are affected by location: there are local complementarities in investment incentives stemming from aspirations formation, learning spillovers or local public goods. 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 steady-state configurations of skill acquisition, both with and without segregation. The model is used to compare macroeconomic and welfare properties of segregated and unsegregated steady states.

Further data

Item Type: Article in a journal
Refereed: Yes
Institutions of the University: Faculties
Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics IV
Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics IV > Chair Economics IV - Univ.-Prof. Dr. Stefan Napel
Result of work at the UBT: Yes
DDC Subjects: 300 Social sciences
300 Social sciences > 320 Political science
300 Social sciences > 330 Economics
Date Deposited: 12 Feb 2016 09:29
Last Modified: 03 May 2017 08:12
URI: https://eref.uni-bayreuth.de/id/eprint/30228