NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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The End of the American Dream? Inequality and Segregation in US Cities

Alessandra Fogli, Veronica Guerrieri

NBER Working Paper No. 26143
Issued in August 2019

---- Acknowledgments ----

For helpful comments, we are grateful to Roland Benabou, Jarda Borovicka, Steven Durlauf, Cecile Gaubert, Mike Golosov, Luigi Guiso, Erik Hurst, Francesco Lippi, Guido Lorenzoni, Guido Menzio, Alexander Monge-Naranjo, Fabrizio Perri, numerous seminar participants, and, in particular, to Elisa Giannone, Ed Glaeser, Richard Rogerson, Kjetil Storesletten, and Nick Tsivanidis for the useful discussions. For outstanding research assistance, we thank Yu-Ting Chiang, Gustavo Gonzalez, Hyunju Lee, Qi Li, Emily Moschini, Luis Simon, and, in particular, Mark Ponder and Francisca Sara-Zaror. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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