Comparative static analysis of open urban models with a full labor market and suburban employment

Stephen Ross, John Yinger

Research output: Contribution to journalArticle

25 Scopus citations

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.

Original languageEnglish (US)
Pages (from-to)575-605
Number of pages31
JournalRegional Science and Urban Economics
Volume25
Issue number5
DOIs
StatePublished - Oct 1995

Keywords

  • Comparative statics
  • Full labor market
  • Open urban model

ASJC Scopus subject areas

  • Economics and Econometrics
  • Urban Studies

Fingerprint Dive into the research topics of 'Comparative static analysis of open urban models with a full labor market and suburban employment'. Together they form a unique fingerprint.

  • Cite this