's equilibrium implies that positive attributes in one location, like access to downtown or high wages, are offset by negative … attributes, like high housing prices. The employer's equilibrium requires that high wages be offset by a high level of … justify high wages is the basis for the study of agglomeration economies which has been a significant branch of urban …

; West more productive than East in Germany – but have adopted different models of wage bargaining. Italy sets wages based on …

, father's education, and wages for young men and their siblings from NLSY. We also examine the empirical implications of …