Literaturnachweis - Detailanzeige
Autor/inn/en | Mookherjee, Dilip; Napel, Stefan; Rav, Debraj |
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Titel | Aspirations, segregation, and occupational choice. |
Quelle | In: Journal of the European Economic Association, 8 (2010) 1, S. 139-168
PDF als Volltext |
Beigaben | grafische Darstellungen |
Sprache | englisch |
Dokumenttyp | online; gedruckt; Zeitschriftenaufsatz |
ISSN | 1542-4766; 1542-4774 |
Schlagwörter | Bildungsverhalten; Soziale Beziehung; 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 |