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Cited by 814

The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.

A theory of persistent income inequality

Open access
Durlauf, Steven N.·1996·Journal of Economic Growth

Abstract

This paper explores the dynamics of income inequality by studying the evolution of human capital investment and neighborhood choice for a population of families. Parents affect the conditional probability distribution of their children's income through the choice of a neighborhood in which to live. Neighborhood location affects children both through local public finance of education as well as through sociological effects. These forces combine to create incentives for wealthier families to segregate themselves into economically homogeneous neighborhoods. Economic stratification combines with strong neighborhoodwide feedback effects to transmit economic status across generations, leading to persistent income inequality.

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Crossref · 10.1007/bf00163343

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Metadata

Authors
Durlauf, S. N.
Venue
Journal of Economic Growth
Published
1996-03
Volume
1
Issue
1
Pages
75-93
ISSN
  • 1381-4338 (ISSN-L)
  • 1573-7020
OpenAlex
W2036693624
Cited by
814
References
1
FWCI
19.78
Type
journal article
Language
en
Open access
green

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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.