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Empirical research on cities starts with a spatial equilibrium condition: workers and firms are assumed to be indifferent across space. This condition implies that research on cities is different from research on countries, and that work on places within countries needs to consider population,...
Persistent link: https://www.econbiz.de/10013223339
level of health in the economy rises. Empirical evidence on urban wages supports the" learning view of cities and a variety …
Persistent link: https://www.econbiz.de/10013246374
that high amenity cities have grown faster than low amenity cities. Urban rents have gone up faster than urban wages …, suggesting that the demand for living in cities has risen for reasons beyond rising wages. The rise of reverse commuting suggest …
Persistent link: https://www.econbiz.de/10012788067
Research on entrepreneurship often examines the local dimensions of new business formation. The local environment influences the choices of entrepreneurs; entrepreneurial success influences the local economy. Yet modern urban economics has paid relatively little attention to entrepreneurs. This...
Persistent link: https://www.econbiz.de/10013070489
'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 …
Persistent link: https://www.econbiz.de/10013225036