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This paper argues that long-run trends in geographic segregation are inconsistent with models where residential choice depends solely on local public goods (the Tiebout hypothesis). We develop an extension of the Tiebout model that predicts as mobility costs fall, the heterogeneity across...
Persistent link: https://www.econbiz.de/10005821838
Persistent link: https://www.econbiz.de/10005563676
In the past decade Americans have increasingly turned their attention to nonlocal information sources, raising concerns about disengagement from local communities. Regulation sometimes seeks to curtail the integration of media markets through the promotion of "localism." This paper examines the...
Persistent link: https://www.econbiz.de/10008596324