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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
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
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
Persistent link: https://www.econbiz.de/10010222346
impediments in labor mobility between regions and firms. Overall, the agglomeration forces are fairly similar to those operating …
Persistent link: https://www.econbiz.de/10012924332
('agglomeration'), that this effect is stronger for the top of the income distribution ('polarization'), and that household income …
Persistent link: https://www.econbiz.de/10005015262