Showing 1 - 10 of 135
We develop a model where the unemployed workers in the city can find a job either directly or through weak or strong ties. We show that, in denser areas, individuals choose to interact with more people and meet more random encounters (weak ties) than in sparsely populated areas. We also...
Persistent link: https://www.econbiz.de/10011084303
which firms set efficiency wages to prevent shirking and to compensate workers for commuting. We show that both wages and … unemployment depend on commuting costs, and that housing prices as well as location are based on workers’ wages. We then extend the …
Persistent link: https://www.econbiz.de/10005666637
A house is a bundle comprising a physical structure and the plot of land upon which the house is built. Thus changes in house prices reflect changes in the cost of structures and value of land. In this paper we apply this insight to construct the first constant-quality price and quantity indexes...
Persistent link: https://www.econbiz.de/10005123787
Black and white families are heterogenous both in income and ability and simultaneously decide where to locate in the city and which school (private or public) to send their children. We show that, in equilibrium, despite the tuition fees imposed by whites, some black pupils may attend the...
Persistent link: https://www.econbiz.de/10005136774
This article attempts a formal analysis of the connection between property tax and urban sprawl in U.S. cities. We develop a theoretical model that includes households (who are also landlords) and land developers in a regional land market. We then test the model empirically based on a national...
Persistent link: https://www.econbiz.de/10005067619
We highlight the role of commuting cost, location and housing market in crime decision. By assuming that all crimes are … commuting costs can also reduce crime because the resulting decrease in housing prices is lower for workers than for criminals. …
Persistent link: https://www.econbiz.de/10005067621
transportation network, imperfect competition between firms, and the commuting costs of consumers. The model uses a very general …
Persistent link: https://www.econbiz.de/10005498079
inversely related to the costs workers incur in commuting and acquiring skills. Our analysis thus shows how socioeconomic … ghettos emerge as workers with poor skill matches are also those who incur the highest commuting costs. …
Persistent link: https://www.econbiz.de/10005498129
We study the relationship between urban sprawl and obesity. Using data that tracks individuals over time, we find no evidence that urban sprawl causes obesity. We show that previous findings of a positive relationship most likely reflect a failure to properly control for the fact the individuals...
Persistent link: https://www.econbiz.de/10005498166
The aim of this Paper is to provide a new mechanism for the spatial mismatch hypothesis. Spatial mismatch can here be the result of optimizing behaviour on the part of the labour market participants. In particular, the unemployed can choose low amounts of search and long-term unemployment if...
Persistent link: https://www.econbiz.de/10005498182