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Start Over Author "Wrede, Matthias" Publisher elsevier bv
45 results on '"Wrede, Matthias"'

6. Continuous Logit Polycentric City Model

Author

Wrede, Matthias

Subjects
polycentric city, urban spatial equilibrium, polycentric city, probabilistic location choices, continuous logit model, cross commuting, urban spatial equilibrium, R14, jel:D11, R12, R13, probabilistic location choices, cross commuting, continuous logit model, ddc:330, jel:R14, jel:R13, jel:R12, D11
Abstract

This paper analyzes a closed, essentially linear polycentric city with homogenous households who probabilistically select their workplace and residence locations. The study utilizes a continuous logit model to describe household location choices. In contrast to the classic urban model with deterministic location choices, the continuous logit model predicts noticeable direct effects of more than one workplace on land rents, asymmetry of the land rent schedule around secondary business districts, incomplete segregation of citizens who work in different business centers and, therefore, cross commuting, and incomplete segregation of workers and farmers.

Published
2014

7. Wages, Rents, Unemployment, and the Quality of Life

Author

Wrede, Matthias

Subjects
unemployment, jel:J61, jel:J64, quality of life,residential mobility,unemployment,job search,matching, ddc:330, residential mobility, Region, Deutschland, H73, Lebensqualität, matching, Regionale Arbeitslosigkeit, R14, jel:H73, quality of life, unemployment, job search, matching, mobility, Miete, mobility, R12, R13, job search, quality of life, Regionale Lohnstruktur, J61, jel:R14, jel:R13, jel:R12, J64, Schätzung
Abstract

Combining a spatial equilibrium model with a search-matching unemployment model, this paper analyzes the willingness to pay for regional amenities and the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. The results are compared with those obtained from the Rosen-Roback approach. Furthermore, the paper shows that the wage curve is negatively sloped for quasi-linear utility. Specifically, the wage rate increases and the unemployment ratio decreases in response to an increase in the amenity level if the amenity is marginally more beneficial to producers than to consumers. As an illustration of the unemployment-adjusted quality-of-life measure, the quality of life in West German counties is estimated.

Published
2012

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