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	Provedor de dados AgEcon (4) Autor Bayer, Patrick (4) McMillan, Robert (4) Rueben, Kim (3) Ferreira, Fernando (1) Palavra-chave H0 (4) Labor and Human Capital (4) J7 (3) R0 (3) R2 (3) Discrete choice (2) Housing markets (2) Locational equilibrium (2) Segregation (2) Sorting (2) Capitalization (1) Counterfactual simulation (1) D58 (1) Discrete choice models (1) Education demand (1) Endogenous sorting (1) General equilibrium (1) H4 (1) H7 (1) Hedonic price regression (1) Mais... Tipo do documento Working or Discussion Paper (4) Ano 2004 (1) 2003 (3) País United States (4) Idioma Inglês (4)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 4 Primeira ... 1 ... Última A Unified Framework for Measuring Preferences for Schools and Neighborhoods AgEcon Bayer, Patrick; Ferreira, Fernando; McMillan, Robert. This paper sets out a framework for estimating household preferences over a broad range of housing and neighborhood characteristics, some of which are determined by the way that households sort in the housing market. This framework brings together the treatment of heterogeneity and selection that has been the focus of the traditional discrete choice literature with a clear strategy for dealing with the correlation of unobserved neighborhood quality with both school quality and neighborhood sociodemographics. We estimate the model using rich data on a large metropolitan area, drawn from a restricted version of the Census. The estimates indicate that, on average, households are willing to pay an additional one percent in house prices - substantially lower... Tipo: Working or Discussion Paper Palavras-chave: Capitalization; Local public goods; School quality; Discrete choice models; Hedonic price regression; Education demand; Labor and Human Capital; D58; H0; H4; H7; I2; R21; R31. Ano: 2003 URL: http://purl.umn.edu/28513 An Equilibrium Model of Sorting in an Urban Housing Market: The Causes and Consequences of Residential Segregation AgEcon Bayer, Patrick; McMillan, Robert; Rueben, Kim. This paper presents a new equilibrium framework for analyzing economic and policy questions related to the sorting of households within a large metropolitan area. We estimate the model using restricted-access Census data that precisely characterize residential and employment locations for households the San Francisco Bay Area, yielding accurate measures of preferences for a wide variety of housing and neighborhood attributes across different types of household. We use these estimates to explore the causes and consequences of racial segregation in general equilibrium. Our results indicate that, given the preference structure of households in the Bay Area, the elimination of racial differences in income and wealth would significantly increase the residential... Tipo: Working or Discussion Paper Palavras-chave: Segregation; Sorting; Housing markets; Locational equilibrium; Residential choice; Discrete choice; Labor and Human Capital; Public Economics; H0; J7; R0; R2. Ano: 2003 URL: http://purl.umn.edu/28503 What Drives Racial Segregation? New Evidence Using Census Microdata AgEcon Bayer, Patrick; McMillan, Robert; Rueben, Kim. This paper sheds new light on the forces that drive residential segregation on the basis of race, assessing the extent to which across-race differences in other household characteristics can explain a significant portion of observed racial segregation. The central contribution of the analysis is to provide a transparent new measurement framework for understanding segregation patterns. This framework allows researchers to characterize patterns of segregation, to decompose them in meaningful ways, and to carry out partial equilibrium counterfactuals that illuminate the contributions of a variety of non-race characteristics in driving segregation. We illustrate our approach using restricted micro-Census data from the San Francisco Bay Area that provide a rich... Tipo: Working or Discussion Paper Palavras-chave: Residential segregation; Racial segregation; Sorting; Housing markets; Labor and Human Capital; H0; J7; R0; R2. Ano: 2003 URL: http://purl.umn.edu/28435 Residential Segregation in General Equilibrium AgEcon Bayer, Patrick; McMillan, Robert; Rueben, Kim. This paper studies the causes and consequences of racial segregation using a new general equilibrium model that treats neighborhood compositions as endogenous. The model is estimated using unusually detailed restricted Census microdata covering the entire San Francisco Bay Area, and in combination with a rich array of econometric estimates, serves as a powerful tool for carrying out counterfactual simulations that shed light on the causes and consequences of segregation. In terms of causes, and contrasting with prior research, our GE simulations indicate that equalizing income and education across race would be unlikely to result in significant reductions in racial segregation, as minority households would sort into newly formed minority neighborhoods.... Tipo: Working or Discussion Paper Palavras-chave: Segregation; General equilibrium; Endogenous sorting; Urban housing market; Locational equilibrium; Counterfactual simulation; Discrete choice; Labor and Human Capital; H0; J7; R0; R2. Ano: 2004 URL: http://purl.umn.edu/28517 Registros recuperados: 4 Primeira ... 1 ... Última

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