Latent Tastes, Incomplete Stratification, and the Plausibility of Vertical Sorting Models

Jacob Fishman; V. Kerry Smith

doi:10.1007/s10640-015-9952-7

Latent Tastes, Incomplete Stratification, and the Plausibility of Vertical Sorting Models

Jacob Fishman, V. Kerry Smith

Economics

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

This paper uses the 2011 Phoenix Area Social Survey to evaluate the plausibility of the assumptions made with pure characteristics sorting models to rationalize incomplete stratification of households across local communities by income. The analysis with the New Ecological Paradigm, a well-recognized index of environmental attitudes, confirms the correlations in equilibrium outcomes implied by these models. As a result, it provides the first empirical support for the role of differences in the tastes for public goods as one explanation that provides the rationale for the commonly observed sorting outcomes.

Original language	English (US)
Pages (from-to)	339-361
Number of pages	23
Journal	Environmental and Resource Economics
Volume	66
Issue number	2
DOIs	https://doi.org/10.1007/s10640-015-9952-7
State	Published - Feb 1 2017

Keywords

Equilibrium sorting models
Local public goods
New Ecological Paradigm

ASJC Scopus subject areas

Economics and Econometrics
Management, Monitoring, Policy and Law

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10.1007/s10640-015-9952-7

Cite this

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abstract = "This paper uses the 2011 Phoenix Area Social Survey to evaluate the plausibility of the assumptions made with pure characteristics sorting models to rationalize incomplete stratification of households across local communities by income. The analysis with the New Ecological Paradigm, a well-recognized index of environmental attitudes, confirms the correlations in equilibrium outcomes implied by these models. As a result, it provides the first empirical support for the role of differences in the tastes for public goods as one explanation that provides the rationale for the commonly observed sorting outcomes.",

keywords = "Equilibrium sorting models, Local public goods, New Ecological Paradigm",

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Latent Tastes, Incomplete Stratification, and the Plausibility of Vertical Sorting Models

Abstract

Keywords

ASJC Scopus subject areas

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