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I was unable to copy/paste the abstract, but the paper argues that amenities exert an important effect on wage differentials over space. Indeed, we show that as much has half of the apparent effect of unionization on wages is actually compensation for less desirable climate in locations that are...
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We show here that the return to education and several other concerns in the labor earnings literature are substantially impacted by amenity variation. Moreover, the nature of the impacts are in some cases counter-intuitive. For example, if higher education households move to nicer amenity...
Persistent link: https://www.econbiz.de/10014206016
If labor is fairly mobile, as it is in the United States, one would expect that households would move from less desirable areas toward more desirable areas until all areas are equally desirable. The way that areas become equally desirable is through tthe impact of movers on wages and rents (and...
Persistent link: https://www.econbiz.de/10014206018