Caetano, Gregorio; Maheshri, Vikram - In: Quantitative economics : QE ; journal of the … 16 (2025) 3, pp. 1023-1057
We incorporate the endogenous feedback loop at the core of the seminal Schelling (1969) model of segregation into a dynamic model of neighborhood choice and use it to study the forces that shaped racial and income segregation in the San Francisco Bay area from 1990 to 2004. Such an analysis...