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BEGIN:VEVENT
UID:ffa4d9f0a4c8e174f30cec9fa43fa3be
CATEGORIES:Seminars
CREATED:20240708T130548
SUMMARY:Kristina Manysheva - Columbia University
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:\n\nPersistence of Inequality after Apartheid: Assessing the Role of Geogra
 phy and Skills\n\n\nAbstract:\nSouth Africa remains one of the most unequal
  countries in the world, despite the formal end of Apartheid in 1994. This 
 paper develops and quantifies a model with spatially segregated residential
 , educational, and labor markets to examine the persistence of inequality i
 n Aouth Africa. We explore the role that Apartheid-era policies of racial s
 egregation, particularly the establishment of “Townships” for non-White urb
 an populations, have played in sustaining high levels of inequality. Our mo
 del incorporates heterogeneous agents, incomplete markets, and endogenous c
 hoices regarding savings, education, and occupation in a dynastic overlappi
 ng generations framework. Using household-level data spanning both the Apar
 theid and post-Apartheid periods, we establish key empirical facts about th
 e persistence of inequality and calibrate the model accordingly. The model 
 provides insights into the mechanisms by which geography and segregated edu
 cational  and labor opportunities contribute to long-term inequality. 
 We then assess the extent to which these standard economic forces account f
 or the observed patterns of inequality and explore counterfactual scenarios
  to evaluate policy interventions.\n
DTSTAMP:20260423T043457Z
DTSTART:20241014T163000Z
DTEND:20241014T180000Z
SEQUENCE:0
TRANSP:OPAQUE
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