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来源类型Working Paper
规范类型报告
DOI10.3386/w12364
来源IDWorking Paper 12364
A Model of Social Interactions and Endogenous Poverty Traps
Roland G. Fryer, Jr.
发表日期2006-07-24
出版年2006
语种英语
摘要This paper develops a model of social interactions and endogenous poverty traps. The key idea is captured in a framework in which the likelihood of future social interactions with members of one%u2019s group is partly determined by group-specific investments made by individuals. I prove three main results. First, some individuals expected to make group-specific capital investments are worse off because their observed decision is used as a litmus test of group loyalty %u2014 creating a tradeoff between human capital and cooperation among the group. Second, there exist equilibria which exhibit bi-polar human capital investment behavior by individuals of similar ability. Third, as social mobility increases this bi-polarization increases. The models predictions are consistent with the bifurcation of distinctively black names in the mid-1960s, the erosion of black neighborhoods in the 1970s, accusations of %u2018acting white,%u2019 and the efficacy of certain programs designed to encourage human capital acquisition.
主题Labor Economics
URLhttps://www.nber.org/papers/w12364
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/570021
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GB/T 7714
Roland G. Fryer, Jr.. A Model of Social Interactions and Endogenous Poverty Traps. 2006.
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