3 ms·
"...we find large place effects on individual economic outcomes like income, education, socioeconomic status, house prices, and housing quality. People assigned
by pseudalopex 6y ago
"...we find large place effects on individual economic outcomes like income, education, socioeconomic status, house prices, and housing quality. People assigned to richer locations do better on all measures. Random location assignment affected intergenerational economic outcomes as well, with families assigned to more socially mobile areas... displaying lower cross-generational correlation in outcomes."[1]
[1] https://scholar.harvard.edu/shoag/publications/long-run-causal-impact-place-evidence-income-and-mobility-effects-japanese https://scholar.harvard.edu/shoag/publications/long-run-caus...