The London Bombings and Racial Prejudice: Evidence from Housing and Labour Markets

Anita Ratcliffe; Stephanie von Hinke Kessler Scholder

doi:10.1111/ecin.12144

The London Bombings and Racial Prejudice: Evidence from Housing and Labour Markets

Anita Ratcliffe, Stephanie von Hinke Kessler Scholder

Economics

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

Abstract

This paper investigates the impact of the London bombings on attitudes toward ethnic minorities, examining outcomes in housing and labor markets across London boroughs. We use a difference-in-differences approach, specifying “treated” boroughs as those with the highest concentration of Asian residents. Our results indicate that house prices in treated boroughs fell by approximately 2% in the 2 years after the bombings relative to other boroughs, with sales declining by almost 6%. Furthermore, we present evidence of a rise in the unemployment rate in treated compared to control boroughs, as well as a rise in racial segregation.

Original language	English
Pages (from-to)	276-293
Number of pages	18
Journal	Economic Inquiry
Volume	53
Issue number	1
Early online date	27 Aug 2014
DOIs	https://doi.org/10.1111/ecin.12144
Publication status	Published - Jan 2015

Access to Document

10.1111/ecin.12144

Cite this

@article{e8948336a2f54c90b568707204845e0e,

title = "The London Bombings and Racial Prejudice: Evidence from Housing and Labour Markets",

abstract = "This paper investigates the impact of the London bombings on attitudes toward ethnic minorities, examining outcomes in housing and labor markets across London boroughs. We use a difference-in-differences approach, specifying “treated” boroughs as those with the highest concentration of Asian residents. Our results indicate that house prices in treated boroughs fell by approximately 2% in the 2 years after the bombings relative to other boroughs, with sales declining by almost 6%. Furthermore, we present evidence of a rise in the unemployment rate in treated compared to control boroughs, as well as a rise in racial segregation.",

author = "Anita Ratcliffe and {von Hinke Kessler Scholder}, Stephanie",

year = "2015",

month = jan,

doi = "10.1111/ecin.12144",

language = "English",

volume = "53",

pages = "276--293",

journal = "Economic Inquiry",

issn = "1465-7295",

publisher = "Wiley-Blackwell",

number = "1",

}

TY - JOUR

T1 - The London Bombings and Racial Prejudice: Evidence from Housing and Labour Markets

AU - Ratcliffe, Anita

AU - von Hinke Kessler Scholder, Stephanie

PY - 2015/1

Y1 - 2015/1

N2 - This paper investigates the impact of the London bombings on attitudes toward ethnic minorities, examining outcomes in housing and labor markets across London boroughs. We use a difference-in-differences approach, specifying “treated” boroughs as those with the highest concentration of Asian residents. Our results indicate that house prices in treated boroughs fell by approximately 2% in the 2 years after the bombings relative to other boroughs, with sales declining by almost 6%. Furthermore, we present evidence of a rise in the unemployment rate in treated compared to control boroughs, as well as a rise in racial segregation.

AB - This paper investigates the impact of the London bombings on attitudes toward ethnic minorities, examining outcomes in housing and labor markets across London boroughs. We use a difference-in-differences approach, specifying “treated” boroughs as those with the highest concentration of Asian residents. Our results indicate that house prices in treated boroughs fell by approximately 2% in the 2 years after the bombings relative to other boroughs, with sales declining by almost 6%. Furthermore, we present evidence of a rise in the unemployment rate in treated compared to control boroughs, as well as a rise in racial segregation.

U2 - 10.1111/ecin.12144

DO - 10.1111/ecin.12144

M3 - Article

SN - 1465-7295

VL - 53

SP - 276

EP - 293

JO - Economic Inquiry

JF - Economic Inquiry

IS - 1

ER -