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Social Interactions and Segregation in Skill Accumulation

Title data

Napel, Stefan ; Mookherjee, Dilip ; Ray, Debraj:
Social Interactions and Segregation in Skill Accumulation.
In: Journal of the European Economic Association. Vol. 8 (2010) Issue 2/3 . - pp. 388-400.
ISSN 1542-4774

Abstract in another language

This paper studies human capital investment in a spatial setting with inter- personal complementarities. A mixture of local and global social interactions affect the cost of acquiring education, while the return to human capital is determined endogenously in the market. We study how spatially segregated investment equilibria are affected by an increase in the relative importance of global vis-`a-vis local interactions. Per capita income level, equality and welfare are shown to improve if the skilled constitute a majority to begin with, and if not, these implications are reversed. We also examine the effects of wider local neighborhoods, and lower mobility costs, and study a related two-group model based on social distance.

Further data

Item Type: Article in a journal
Refereed: Yes
Subject classification: D31, O15, D85
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 10:11
Last Modified: 03 May 2017 08:12
URI: https://eref.uni-bayreuth.de/id/eprint/30229