| Autor: |
Gokan, Toshitaka, Kichko, Sergei, Matheson, Jesse A, Thisse, Jacques-François |
| Jazyk: |
angličtina |
| Rok vydání: |
2022 |
| Předmět: |
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| Zdroj: |
IDE Discussion Paper = IDE Discussion Paper. 868 |
| Popis: |
M otivated by empirical evidence, we propose a model of the monocentric city with he terogeneous workers and teleworking. We show that increased teleworking flattens t he land-rent gradient and eventually moves skilled workers from the city center to the c ity’s periphery. Unskilled workers move from the local services sector into final goods and wage inequality between skilled and unskilled workers increases. Extending t he model to two cities, teleworking increases housing prices in the less productive city r elative to the more productive city, with implications for unskilled workers in both c ities. Empirical evidence from housing prices in England are consistent with this r esult. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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