Comparative static analysis of open urban models with a full labor market and suburban employment
首次对包含完整劳动力市场和郊区就业的开放城市模型进行完整的比较静态分析,发现加入完整劳动力市场后交通成本等影响符号不确定,郊区就业增加更多不可符号的导数,但城市与郊区工资通常同向变动。
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.