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On the Road (Again) : Commuting and Local Employment Elasticities in Germany

Krebs, Oliver; Pflüger, Michael - 2021

address the role of housing markets for quantitative analyses. Germany is an exciting laboratory because commuting across … local labor markets is pervasive, unique data are available, and because Germany’s high degree of trade openness poses a …/housing shares in Germany turns out to be inessential for our findings, the level of the land/housing share plays an important role …

Persistent link: https://www.econbiz.de/10013219058

Regional Equilibrium Unemployment Theory at the Age of the Internet

Lutgen, Vanessa; Van der Linden, Bruno - 2015

This paper studies equilibrium unemployment in a two-region economy with matching frictions, where workers and jobs are free to move and wages are bargained over. Job-seekers choose between searching locally or searching in both regions. Search-matching externalities are amplified by the latter...

Persistent link: https://www.econbiz.de/10010531789

Urbanization, Productivity Differences and Spatial Frictions

Arcalean, Calin - 2019

We study decentralized and optimal urbanization in a simple multi-sector model of a rural-urban economy focusing on productivity differences and internal trade frictions. We show that even in the absence of the typical externalities studied in the literature, such as agglomeration, congestion or...

Persistent link: https://www.econbiz.de/10012871753

Does the housing market react to new information on school quality?

Fiva, Jon H.; Kirkebøen, Lars J. - 2008

This paper analyzes housing market reactions to the release of previously unpublished information on school quality. Using the sharp discontinuity in the information environment allows us to study price changes within school catchment areas, thus controlling for neighborhood unobservables. We...

Persistent link: https://www.econbiz.de/10010264360

Quality of Life in a Dynamic Spatial Model

Ahlfeldt, Gabriel M.; Bald, Fabian; Roth, Duncan; … - 2021

We develop a dynamic spatial model in which heterogeneous workers are imperfectly mobile and forward-looking and yet all structural fundamentals can be inverted without assuming that the economy is in a stationary spatial equilibrium. Exploiting this novel feature of the model, we show that the...

Persistent link: https://www.econbiz.de/10013314774

Welfare Benefits of Agglomeration and Worker Heterogeneity

Teulings, Coenraad N.; Ossokina, Ioulia V.; de Groot, … - 2014

The direct impact of local public goods on welfare is relatively easy to measure from land rents. However, the indirect effects on home and job location, on land use, and on agglomeration benefits are hard to pin down. We develop a spatial general equilibrium model for the valuation of these...

Persistent link: https://www.econbiz.de/10010398658

Workforce Location and Equilibrium Unemployment in a Duocentric Economy with Matching Frictions

Lehmann, Etienne; Montero Ledezma, Paola L.; Van der … - 2015

This article examines unemployment disparities and efficiency in a densely populated economy with two job centers and workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch between workers and firms. In a decentralized...

Persistent link: https://www.econbiz.de/10011388178

On the Road (Again): Commuting and Local Employment Elasticities in Germany

Krebs, Oliver; Pflüger, Michael - 2021

address the role of housing markets for quantitative analyses. Germany is an exciting laboratory because commuting across … local labor markets is pervasive, unique data are available, and because Germany's high degree of trade openness poses a …/housing shares in Germany turns out to be inessential for our findings, the level of the land/housing share plays an important role …

Persistent link: https://www.econbiz.de/10012657896

Fiscal Transfers in the Spatial Economy

Henkel, Marcel; Seidel, Tobias; Suedekum, Jens - 2018

implications of this policy. Calibrating the model for Germany, we find that it indeed delivers smaller spatial economic …

Persistent link: https://www.econbiz.de/10011872069

A Spatial Perspective on European Integration: Heterogeneous Welfare and Migration Effects from the Single Market and the Brexit

Henkel, Marcel; Seidel, Tobias - 2016

We use a quantitative model to study the implications of European integration for welfare and migration flows across 1,318 regions. The model suggests that an increase of trade barriers to the level of 1957 reduces welfare by about 1-2 percent on average, depending on the presumed trade...

Persistent link: https://www.econbiz.de/10011615844