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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 extend the monocentric model by considering a discrete number of accessible mass transit stations. Households combine two modes for their daily home-to-work trip: a first mode for terminal access to stations and a second (long haul) mode which consists in radial mass transit axes. The urban...
Persistent link: https://www.econbiz.de/10008793763