A Direct Test of the "Explanation" for Incomplete Stratification in Vertical Sorting Models / Jacob Fishman, V. Kerry Smith.

Format:

Book

Author/Creator:

Fishman, Jacob.

Contributor:

National Bureau of Economic Research.

Smith, V. Kerry.

Series:

Working Paper Series (National Bureau of Economic Research) no. w19387.

NBER working paper series no. w19387

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2013.

Summary:

This paper uses the 2011 Phoenix Area Social Survey to evaluate the plausibility of the assumptions made with pure characteristics or vertical sorting models to rationalize incomplete stratification of households across local communities by income. The analysis with a well-recognized index of environmental attitudes, the New Ecological Paradigm (NEP), confirms the correlations in equilibrium outcomes implied by these models. As a result, it supports the role of differences in the tastes for public goods as an explanation for the sorting outcomes.

Notes:

Print version record

August 2013.