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- W2041330381 abstract "Most models of urban spatial structure assume a rudimentary labor market and ignore suburban employment. This paper provides the first complete comparative static analysis of an open urban model with a full labor market, with an extension to employment in a suburban beltway or business district. Adding a full labor market makes several results, including the impacts of transportation costs, indeterminate in sign. Adding suburban employment increases the number of derivatives that cannot be signed, but wages in the city and suburban labor markets usually move in the same direction in response to an exogenous shock." @default.
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- W2041330381 date "1995-10-01" @default.
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- W2041330381 title "Comparative static analysis of open urban models with a full labor market and suburban employment" @default.
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- W2041330381 doi "https://doi.org/10.1016/0166-0462(95)02089-d" @default.
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