Gokan, Toshitaka; Kichko, Sergei; Matheson, Jesse A.; … - 2022
In recent years the land-rent gradient for the city of London has flattened by 17 percentage points. Further, teleworking has increased 24 percentage point for skilled workers, but much less for unskilled workers. To rationalize these stylized facts, we propose a model of the monocentric city...