{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Ep. 99: The wrong side of the tracks","description":"The place where a child grows up in America shapes their economic future to a significant degree. One long-suspected explanation is racial segregation, but proving whether segregation actually causes worse outcomes\u2014rather than just correlating with them\u2014has been challenging for economists. In a paper in the American Economic Journal: Applied Economics, authors Eric Chyn, Kareem Haggag, and Bryan A. Stuart provide evidence that racial segregation shapes the long-run economic prospects of American children.  Using the placement of railroad tracks in the 19th century, they found that a one standard deviation increase in segregation\u2014roughly the gap between Minneapolis and Philadelphia\u2014cost a Black child from a poor family about $4,200 a year in income as an adult. While lower-income Black children were hit the hardest, segregation also hurt higher-income Black children and lower-income White children. Chyn recently spoke with Tyler Smith about why segregation hurts low-income kids in particular and what his findings imply for policymakers. ","author_name":"AEA Research Highlights","author_url":"http:\/\/aearesearchhighlights.libsyn.com\/website","html":"