Wages, Rent, Unemployment and Amenities
AbstractThe intent of this applied research project is to build on the Roback-Blanchflower-Oswald model linking rent, wages and unemployment to amenities. Using non-metropolitan county level US data and detailed measures of natural and built amenities I estimate a struc-tural model testing for trade-offs between rent, wages, unemployment and amenities. Results do not strictly confirm the Roback-Blanchflower-Oswald (RBO) model but there is sufficient evidence to suggest that amenities plays an important role in explaining observed levels rent, wages and unemployment.
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Bibliographic InfoArticle provided by Mid-Continent Regional Science Association in its journal Journal of Regional Analysis and Policy.
Volume (Year): 39 (2009)
Issue (Month): 2 ()
Food Security and Poverty;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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IWQW Discussion Paper Series
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- Matthias Wrede, 2012. "Wages, Rents, Unemployment, and the Quality of Life," CESifo Working Paper Series 3803, CESifo Group Munich.
- Matthias Wrede, 2013. "Wages, Rents, Unemployment, and the Quality of Life," ERSA conference papers ersa13p548, European Regional Science Association.
- Wrede, Matthias, 2012. "Wages, rents, unemployment, and the quality of life," IWQW Discussion Paper Series 01/2012 [rev.], Friedrich-Alexander-Universität Erlangen-Nürnberg, Institut für Wirtschaftspolitik und Quantitative Wirtschaftsforschung (IWQW).
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- Chi, Guangqing & Marcouiller, David W., 2012. "Recreational Homes and Migration to Remote Amenity-Rich Areas," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 42(1).
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