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briefly studies how trade in intermediate goods and endogenous land demand affect segmentation and agglomeration. …. It shows that the interplay of heterogeneous skills and comparatively homogeneous land demand triggers skill segmentation … and agglomeration. The core region that is more attractive to high skilled workers has a disproportionately large share of …
Persistent link: https://www.econbiz.de/10010309608
Employing a standard matching unemployment model extended by within-labor-market-regions commuting, this paper analyzes the tradeoff between commuting costs and unemployment. Depending on whether commuters are able to bargain for fringe benefits, search may or may not be biased towards distant...
Persistent link: https://www.econbiz.de/10010307604
Combining a spatial equilibrium model with a search-matching unemployment model, this paper analyzes the willingness to pay for regional amenities and the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. The results are compared...
Persistent link: https://www.econbiz.de/10010309283