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Mobility patterns of the elderly provide a particularly interesting theoretical sub-case of a more general migration model which interacts individual-specific traits (e.g., health and retirement status) and location-specific traits (e.g., amenities, rents, and wages). The spatially invariant...
Persistent link: https://www.econbiz.de/10014197726
We summarize a considerable body of recent literature on the role of amenities in regional growth and decline, finding amenities to be of increasing importance to the growth and decline of regions. It is likely that amenity forces become more important as the development process proceeds
Persistent link: https://www.econbiz.de/10014206015
Amenities are seen to be inappropriately valued in single market (land or labor market) approaches. We discuss the plethora of additional problems that render the valuation of location-specific amenities difficult
Persistent link: https://www.econbiz.de/10014206017
Various disciplines have produced models to explain and predict migration. A model is presented providing a taxonomy through which interdisciplinary insights can be synthesized. The imperfect information view emphasizes the role of wage differentials as representing arbitragible real utility...
Persistent link: https://www.econbiz.de/10014179131