Income, Labor Supply, and Urban Residence
The framework for urban spatial models as developed in the past 20 years contains 2 primary features-access and bid rent. In a recent article, William Wheaton has seriously damaged this framework by concluding that the long-run spatial equilibrium theory derived from bid rent ''contributes...
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Veröffentlicht in: | The American economic review 1980-09, Vol.70 (4), p.805-811 |
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Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | The framework for urban spatial models as developed in the past 20 years contains 2 primary features-access and bid rent. In a recent article, William Wheaton has seriously damaged this framework by concluding that the long-run spatial equilibrium theory derived from bid rent ''contributes little to the explanation of US location-income patterns''. He finds that the theory developed by William Alonso, Richard Muth, and others produces a very weak tendency for middle- and upper-class income families to live at a greater distance than poor families from the central business area. It is argued that the Alonso-Muth theory is an important tool in understanding urban structure if one previously ignored factor is recognized-that the labor force participation of married women varies dramatically and inversely with the income of their husbands. Because middle- and lower-income households have more of their members in the labor force, these groups are brought closer to the central business district. |
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ISSN: | 0002-8282 1944-7981 |