The paper explores the properties of a modern urban model in which households’ and firms’ locations in the city are endogenously determined as functions of technology, preferences, and geography. This class of model provides insights into the factors that determine the shape and growth of cities. The paper increases understanding by studying the comparative static properties of the model, the effects of various policy interventions, and the circumstances...
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INFORMATION
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2022/01/24
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Document de travail de recherche sur les politiques
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WPS9910
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1
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1
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2022/01/24
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Disclosed
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Exploring the Urban Model : Employment, Housing, and Infrastructure
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real wage
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