Konferenzbeitrag
Wages, Rents, Unemployment, and the Quality of Life
Combining a spatial equilibrium model with a matching unemployment model, this paper analyzes the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. In particular, the paper shows for quasi-linear utility that the effects of any amenity on wages and unemployment rates are of opposite sign. Additionally, the wage rate and the labor market tightness increase and the unemployment ratio decreases in reaction to an increase in the level of an amenity if the amenity is marginally more beneficial to producers than to consumers per unit of land. Based on the model, quality of life of the unemployed in West German counties is estimated.
- Sprache
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Deutsch
- Erschienen in
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Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2012: Neue Wege und Herausforderungen für den Arbeitsmarkt des 21. Jahrhunderts - Session: Households ; No. E02-V3
- Klassifikation
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Wirtschaft
Size and Spatial Distributions of Regional Economic Activity
State and Local Government; Intergovernmental Relations: Interjurisdictional Differentials and Their Effects
Land Use Patterns
- Ereignis
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Geistige Schöpfung
- (wer)
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Wrede, Matthias
- Ereignis
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Veröffentlichung
- (wann)
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2012
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Konferenzbeitrag
Beteiligte
- Wrede, Matthias
Entstanden
- 2012