Bayer, Patrick; McMillan, Robert - National Bureau of Economic Research (NBER) - 2005
by sorting on the basis of race, given the small numbers of blacks and especially high-SES blacks in many cities. To … provide evidence on this conjecture, we estimate an equilibrium sorting model with detailed restricted Census microdata and … use it to carry out informative counterfactual simulations. Results from these indicate that racial sorting explains a …