and wages move in the same direction under neo-classical assumptions, agglomeration economies in production, congestion in … congestion in production or the agglomeration in consumption models. The micro-economics of such consumption … thus suggest that consumption-oriented agglomeration and congestion should receive more attention in the future. …

self-fulfilling expectations and congestion effects. For large scale agglomerations, congestion effects may be the most …

interactions. In particular, we prove uniqueness in the case of congestion effects and use a series of simulations to demonstrate …

interest in measuring the size and scope of local spillovers (i.e., simple anonymous agglomeration or congestion effects, or …

residents as jobs at every location. We extend the latter model by introducing a traffic congestion external effect that adds a … where commuting takes place. We show that this combination of congestion and agglomeration externalities leads to a general …

interest in measuring the size and scope of local spillovers (i.e., simple anonymous agglomeration or congestion effects, or …

interactions. In particular, we prove uniqueness in the case of congestion effects and use a series of simulations to demonstrate …

interest in measuring the size and scope of local spillovers (i.e., simple anonymous agglomeration or congestion effects, or …