| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25805 |
| 来源ID | Working Paper 25805 |
| Racial Segregation in Housing Markets and the Erosion of Black Wealth | |
| Prottoy A. Akbar; Sijie Li; Allison Shertzer; Randall P. Walsh | |
| 发表日期 | 2019-05-06 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Housing is the most important asset for the vast majority of American households and a key driver of racial disparities in wealth. This paper studies how residential segregation by race eroded black wealth in prewar urban areas. Using a novel sample of matched addresses from prewar American cities, we find that over a single decade rental prices soared by roughly 50 percent on city blocks that transitioned from all white to majority black. Meanwhile, pioneering black families paid a 28 percent premium to buy a home on a majority white block. These homes then lost 10 percent of their original value as the block became majority black. These findings strongly suggest that segregated housing markets cost black families much of the gains associated with migrating to the North. |
| 主题 | Labor Economics ; Demography and Aging ; History ; Macroeconomic History ; Regional and Urban Economics ; Real Estate |
| URL | https://www.nber.org/papers/w25805 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583478 |
| 推荐引用方式 GB/T 7714 | Prottoy A. Akbar,Sijie Li,Allison Shertzer,et al. Racial Segregation in Housing Markets and the Erosion of Black Wealth. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25805.pdf（2497KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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