Aspirations, segregation, and occupational choice.

Autor/inn/en	Mookherjee, Dilip; Napel, Stefan; Rav, Debraj
Titel	Aspirations, segregation, and occupational choice.
Quelle	In: Journal of the European Economic Association, 8 (2010) 1, S. 139-168 PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Beigaben	grafische Darstellungen
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	1542-4766; 1542-4774
Schlagwörter	Bildungsverhalten; Soziale Beziehung; Berufswahl; Investition; Theorie; Bildungsinvestition; Bildungsverhalten; Segregation; Bildungsinvestition; Investition; Berufswahl; Generationenverhältnis; Theorie
Abstract	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. (Verlagswebseite).
Erfasst von	ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel
Update	2011/1