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TZID:America/Detroit
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DTSTART:20070311T020000
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DTSTAMP:20250203T122703
DTSTART;TZID=America/Detroit:20250401T113000
DTEND;TZID=America/Detroit:20250401T125000
SUMMARY:Workshop / Seminar:The Impact of Racial Segregation on College Attainment in Spatial Equilibrium
DESCRIPTION:This paper seeks to understand the forces that maintain racial segregation and the Black-White gap in college attainment\, as well as their interactions with place-based policy interventions. We incorporate race into an overlapping-generations spatial-equilibrium model with parental investment and neighborhood spillovers. Race matters due to: (i) a Black-White wage gap\, (ii) amenity externalities—households care about their neighborhood’s racial composition—and (iii) additional barriers to moving for Black households. We find that these forces account for 71% of the racial segregation and 64% of the BlackWhite gap in college attainment for the St. Louis metro area. The presence of spillovers and externalities generates multiple equilibria. Although St. Louis is in a segregated equilibrium\, there also exists an integrated equilibrium with a lower college gap. We compare various place-based policy interventions to evaluate their effectiveness in reducing segregation and destabilizing the segregated equilibrium.
UID:130224-21865612@events.umich.edu
URL:https://events.umich.edu/event/130224
CLASS:PUBLIC
STATUS:CONFIRMED
CATEGORIES:Economics,Macroeconomics,seminar
LOCATION:Lorch Hall - 201
CONTACT:
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