TY - CONF T1 - Neighborhood Segregation and Black Entrepreneurship T2 - 24th Annual European Real Estate Society Conference Y1 - 2017 A1 - Fesselmeyer, Eric A1 - Kiat Ying Seah KW - Entrepreneurship KW - Inequality KW - Segregation AB -

We examine the causal effect of neighborhood segregation on black entrepreneurship. We address neighborhood sorting by analyzing city averages and omitted variable bias by instrumenting for segregation using historical railroad configurations. We find that segregation has a significant positive effect. Additionally, in order to minimize the effect of cross-city sorting, we use a narrower sample constructed from outcomes of young adults and find a similar effect. Our findings are important because historically entrepreneurship has been an avenue out of poverty, and entrepreneurship has been promoted as a way to decrease welfare and unemployment.

JA - 24th Annual European Real Estate Society Conference T3 - ERES: Conference CY - Delft, Netherlands J1 - Conference: 2017 ID - oai-eres.id-eres2017_277 M3 - 10.15396/eres2017_277 ER -