A HEDONIC MODEL OF INTERREGIONAL WAGES, RENTS, AND AMENITY VALUES*
构建了一个适用于全国跨区域研究的享乐模型，整合了劳动力市场和住房市场，利用1980年人口普查数据估计了多种便利设施对工资和房价的无偏影响。
ABSTRACT This paper develops a general multimarket hedonic model appropriate for a national, interregional study of wages, housing prices, and location‐specific amenities. The model encompasses the effects of interregional location, intraurban location, and city size. Typically, hedonic studies focus on a single market such as labor or housing and ignore interactions implicit in a more global compensation mechanism. Examination of the comparative statics of our model indicates that single‐market differentials are partial prices and are unreliable measures of amenity values in an interregional context. Unbiased amenity values are estimated for a comprehensive set of amenities using data on housing prices for 34,414 households and wages for 46,004 workers from the 1980 Census of Population and Housing . Statistically significant differences in housing prices and wages are found due to amenities.