the labor market propagate to the rest of the economy through changes in employment, wages and local prices and how this …

'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 …

vary across local labor markets. In choosing what local labor market to live and work in, workers tradeoff wages, rents and … power affects the cross-sectional spatial distribution of wages and rents across cities. We find an elasticity of land …