| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2575 |
| DP2575 Exchange Rates in Search of Fundamentals: The Case of the Euro-Dollar Rate | |
| Paul De Grauwe | |
| 发表日期 | 2000-10-24 |
| 出版年 | 2000 |
| 语种 | 英语 |
| 摘要 | We model a South African city during Apartheid (in which both schooling and mobility are restricted on the basis of race) and after Apartheid (in which no restrictions are imposed). We first show that the inequality between blacks and whites decreases when Apartheid laws are removed. Indeed, blacks are better off because of human capital externalities due to the possibility of mixing with white students whereas whites are worse off due to negative human capital externalities and intensified land market competition. After Apartheid, we also show that reducing the commuting costs of black children always increases the utility of black families and may even increase that of whites. |
| 主题 | Public Economics |
| 关键词 | Apartheid South africa Urban segregation Education externalities Urban land use |
| URL | https://cepr.org/publications/dp2575 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531644 |
| 推荐引用方式 GB/T 7714 | Paul De Grauwe. DP2575 Exchange Rates in Search of Fundamentals: The Case of the Euro-Dollar Rate. 2000. |
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