at Google ScholarTitle 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 - Microeconomics Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics IV - Microeconomics > Chair Economics IV - Microeconomics - 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 |