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The model of compensating differentials in regional labor markets was developed by Roback (1982). The model interprets regional differences in constant quality wages and rents as compensating firms and residents for inter-regional differences in amenities. The model assumes that the costs of...
Persistent link: https://www.econbiz.de/10010268206
The model of compensating differentials in regional labor markets was developed by Roback (1982). The model interprets regional differences in constant quality wages and rents as compensating firms and residents for inter-regional differences in amenities. The model assumes that the costs of...
Persistent link: https://www.econbiz.de/10003646704
The model of compensating differentials in regional labor and land markets was formalized by Roback (1982). The model interprets regional differences in constant quality wages and rents as compensating firms and residents for inter-regional differences in amenities. While the model assumes that...
Persistent link: https://www.econbiz.de/10014220519
The model of compensating differentials in regional labor markets was developed by Roback (1982). The model interprets regional differences in constant quality wages and rents as compensating firms and residents for inter-regional differences in amenities. The model assumes that the costs of...
Persistent link: https://www.econbiz.de/10013325220
Whether people of differing types can live happily together is one of the most important social and political questions concerning urban areas. From a variety of theoretical perspectives, such mixing seems extremely unlikely. While the theoretical result seems well supported in the context of...
Persistent link: https://www.econbiz.de/10005860604
Persistent productivity gains to rural-urban migrants have been documented by a number ofresearchers. One interpretation of this result is that individuals learn higher value skills incities than they would have learned in less dense areas. Another explanation for this result,however, is that...
Persistent link: https://www.econbiz.de/10005861141
The role of amenities in the flow of migrants has been debated for some years. This paperadvances an original model of amenities that work through household production instead ofdirectly through the utility function. Area characteristics (amenities) affect householdproduction, causing certain...
Persistent link: https://www.econbiz.de/10005862314
The model of compensating differentials in regional labor markets was developed by Roback (1982). The model interprets regional differences in constant quality wages and rents as compensating firms and residents for inter-regional differences in amenities. The model assumes that the costs of...
Persistent link: https://www.econbiz.de/10005233845
Persistent productivity gains to rural-urban migrants have been documented by a number of researchers. One interpretation of this result is that individuals learn higher value skills in cities than they would have learned in less dense areas. Another explanation for this result, however, is that...
Persistent link: https://www.econbiz.de/10003646694
A prominent feature of economic geography in America is the positive correlation amongst local incomes, housing costs and city population. This paper embeds a "black box" agglomeration economy within a more neoclassical general equilibrium model of local wages, rents and population to assess the...
Persistent link: https://www.econbiz.de/10003737642