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dc.contributor.authorLundberg, Shellyen_US
dc.contributor.authorStartz, Richarden_US
dc.date.accessioned2009-01-28T16:15:57Z-
dc.date.available2009-01-28T16:15:57Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/20686-
dc.description.abstractThis paper presents several economic models that explore the relationships between imperfect information, racial income disparities, and segregation. The use of race as a signal arises here, as in models of statistical discrimination, from imperfect information about the return to transactions with particular agents. In a search framework, signaling supports not simply a discriminatory equilibrium, but a pattern of racially segregated transactions, which in turn perpetuates the informational asymmetries. Minority groups necessarily suffer disproportionately from segregation, since the degree to which transactions opportunities are curtailed depends upon group size, as well as the informational ?distance? between racial groups. However, in some variants of the model, minority agents will self-segregate since they face an adverse selection of majority agents who are willing to trade with them. We also show that, if agents are able to learn from transactions, racial signaling can emerge with only minimal assumptions about the ex ante importance of race.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesIZA Discussion paper series 1389en_US
dc.subject.jelJ7en_US
dc.subject.jelD83en_US
dc.subject.ddc330en_US
dc.subject.keywordraceen_US
dc.subject.keywordsegregationen_US
dc.subject.keyworddiscriminationen_US
dc.subject.keywordimperfect informationen_US
dc.subject.keywordsearchen_US
dc.subject.stwLohndifferenzierungen_US
dc.subject.stwEthnische Diskriminierungen_US
dc.subject.stwSegregationen_US
dc.subject.stwSuchtheorieen_US
dc.subject.stwUnvollkommene Informationen_US
dc.subject.stwEthnische Beziehungenen_US
dc.subject.stwSignallingen_US
dc.subject.stwAsymmetrische Informationen_US
dc.subject.stwTheorieen_US
dc.titleInformation and Racial Exclusionen_US
dc.typeWorking Paperen_US
dc.identifier.ppn47632341Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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