Measuring local, salient economic inequality in the UK
Joel Suss
LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library
Abstract:
Neighbourhood-level economic inequality is thought to have important implications for social, political, and economic attitudes and behaviours. However, due to a lack of available data, to date it has been impossible to investigate how inequality varies across neighbourhoods in the UK. In this paper, I develop a novel measure of within-neighbourhood inequality in the UK by exploiting data on housing values for over 26.6 million addresses – nearly the universe of residential properties in the UK. Across two surveys, I demonstrate that housing value inequality is perceptually-salient – what people see around them in terms of housing discrepancies is associated with their beliefs about inequality. This new measure of local, salient inequality represents a powerful tool with which to investigate both the anatomy of local inequality in the UK, as well as its attitudinal and behavioural consequences.
Keywords: built environment; housing; local inequality; perceptions; Internal OA fund (search for similar items in EconPapers)
JEL-codes: D63 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2023-10-01
New Economics Papers: this item is included in nep-ure
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Citations:
Published in Environment and Planning A, 1, October, 2023, 55(7), pp. 1714 - 1737. ISSN: 0308-518X
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http://eprints.lse.ac.uk/117884/ Open access version. (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:117884
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