Harris-Todaro models with a land market
Article Abstract:
The effect of adding a land-market equilibration mechanism in the Harris-Todaro (HT) framework is analyzed. The analysis demonstrates how land rents and employment probabilities adjust to identify city populations in a model with rural-urban migration. Further, by incorporating land market in the HT framework, the analysis provides an effective extension to a standard method. In investigating the comparative-static properties of the augmented HT framework, it is found that a number of major comparative-static effects are ambiguous in sign, which are initially counterintuitive.
Publication Name: Regional Science & Urban Economics
Subject: Social sciences
ISSN: 0166-0462
Year: 1999
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Efficiency wages and unemployment in cities: the case of high-relocation costs
Article Abstract:
A study examines the impact of factors like wages and distance to work, on the workers' decision to relocate their residences.
Publication Name: Regional Science & Urban Economics
Subject: Social sciences
ISSN: 0166-0462
Year: 2006
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Search activities, cost of living and local labor markets
Article Abstract:
Factors affecting job search such as labor market, cost of living expenses etc., are analyzed with reference to England.
Publication Name: Regional Science & Urban Economics
Subject: Social sciences
ISSN: 0166-0462
Year: 2006
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