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While physical city re-location is relatively uncommon, the economic center of a city might shift over time, sometimes over a short period of time. Commonly this happens when large retail centers are constructed in proximity to the city. It can also be the case that cities subject to frequent...
Persistent link: https://www.econbiz.de/10011164350
We use a simple economy with two interconnected geographical zones. Individuals can live and work in one of the two zones or can commute between them. This model is used to explore the dynamics of housing and work decisions after a permanent shock in labour demand occurred in one of the two...
Persistent link: https://www.econbiz.de/10010899603
We exploit the power of the Alonso-Mills-Muth (AMM) urban economics model and show that various utility functions and plausible conditions offer alternative explanations of households' location by income within a city. These include the existence of a "rich" center and more complex socio-spatial...
Persistent link: https://www.econbiz.de/10010633192