What drives the dynamics of the racial wealth gap? We answer this question using a
dynamic stochastic general equilibrium heterogeneous-agents model. Our calibrated model …

Why do Black households live in neighborhoods with much lower socioeconomic status
(SES) than the neighborhoods of white households with similar incomes? The explanation is …

We define educational access as the component of a neighborhood's value that is
determined by the set of schools available to its residents. This paper studies the extent to …

Since 1970, the share of Black individuals living in suburbs of large cities has risen from 16
to 36 percent. This shift is as large as the post-World War II wave of the Great Migration. We …

To study the effects of neighborhood and place-based interventions, this paper incorporates
neighborhood effects into a general equilibrium (GE) heterogeneous-agent …

Abstract Housing Mobility Programs (HMPs) support residential mobility to reduce economic
segregation. One design feature of HMPs requires identifying areas to which moving will …

We use a human capital formation model to compare extending school time to private
education subsidies in mitigating the adverse effects of school closures. The impact on …

Since 1970, the share of Black individuals living in suburbs of larger cities has risen from 16
to 36 percent. We present three facts illustrating how this suburbanization has changed …

Abstract The Moving to Opportunity (MTO) program implemented in the'90s offered vouchers
to low-income people living in high-poverty neighborhoods to move to richer …

Abstract The Opportunity Atlas (OA) is an innovative data set that ranks neighborhoods
according to children's adult outcomes in several domains, including income. Conceptually …