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Aspirations, Segregation and Occupational Choice

Dilip Mookherjee, Stefan Napel and Debraj Ray

Working Papers from eSocialSciences

Abstract: This paper examines 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. The model therefore combines local social interaction with global market interaction. The paper studies steadystate configurations of skill acquisition, both with and without segregation, and studies the macroeconomic and welfare effects of segregation on aggregate economic outcomes. [WP no. 187].

Keywords: generations; economy; distribution; households; parents; child; children; global; market; acquisition; segregation; macro economic; welfare (search for similar items in EconPapers)
Date: 2008-10
Note: Institutional Papers
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Citations: View citations in EconPapers (5)

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Journal Article: Aspirations, Segregation, and Occupational Choice (2010) Downloads
Working Paper: Aspirations, Segregation and Occupational Choice (2008) Downloads
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