Showing 1 - 10 of 103
Infrastructure and especially mass transit play a major role in urban economics and are the centre of many research questions. Probably due to simultaneous determination of infrastructure supply and demand most research is only carried out on the supply side driven relationship explaining how...
Persistent link: https://www.econbiz.de/10011537687
We develop a general equilibrium model with three primary production factors—land, skilled, and unskilled labor—and three sectors—construction, intermediate inputs, and final consump-tion—to study how different intensities of telecommuting affect the efficiency of firms that embrace home...
Persistent link: https://www.econbiz.de/10012492977
This paper presents a difference in the comparative statics of general equilibrium models with land when there are finitely many agents, and when there is a continuum of agents. Restricting attention to quasi-linear and Cobb-Douglas utility, it is shown that with finitely many agents, an...
Persistent link: https://www.econbiz.de/10012894084
We develop a general equilibrium model with three primary production factors—land, skilled, and unskilled labor—and three sectors—construction, intermediate inputs, and final consumption—to study how different intensities of telecommuting affect the efficiency of firms that embrace home...
Persistent link: https://www.econbiz.de/10013250731
We develop a general equilibrium model with three primary production factors - land, skilled, and unskilled labor - and three sectors - construction, intermediate inputs, and final consumption - to study how different intensities of telecommuting affect the efficiency of firms that embrace home...
Persistent link: https://www.econbiz.de/10012417444
We analyze the equilibrium and the optimal resource allocations in a monocentric city undermonopolistic competition. Unlike the constant elasticity of substitution (CES) case, wherethe equilibrium markups are independent of the city size, we present a variable elasticity ofsubstitution (VES)...
Persistent link: https://www.econbiz.de/10005868757
the agglomeration of agents in size or mass. We investigate agglomeration in sorting or by type of worker, that implies … agglomeration in size when worker populations differ by type. This kind of agglomeration can be driven by asymmetric information in …
Persistent link: https://www.econbiz.de/10012942057
Quantitative spatial economics (QSE) specifies various components such as preferences, production technology, and frictions for the movement of goods, people, and ideas. Despite the long literature on endogenous location decisions, the question of how these specifications affect resulting...
Persistent link: https://www.econbiz.de/10012924334
We analyze the equilibrium and the optimal resource allocations in a monocentric city under monopolistic competition. Unlike the constant elasticity of substitution (CES) case, where the equilibrium markups are independent of city size, we present a variable elasticity of substitution (VES) case...
Persistent link: https://www.econbiz.de/10005015283
The aim of this article is twofold. First, we present an integrative framework that encompasses a large share of existing neg models. This framework allows us to discuss the fundamental assumptions and the key results that hold throughout a broad class of models. We argue that progress within...
Persistent link: https://www.econbiz.de/10014195908