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http://hdl.handle.net/10419/55265
  
Title:Wages, rents, unemployment, and the quality of life
Authors:Wrede, Matthias
Issue Date:2012
Series/Report no.:IWQW discussion paper series 01/2012
Abstract:Combining a spatial equilibrium model with a matching unemployment model, this paper analyzes the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. In particular, the paper shows for quasi-linear utility that the effects of any amenity on wages and unemployment rates are of opposite sign. Additionally, the wage rate and the labor market tightness increase and the unemployment ratio decreases in reaction to an increase in the level of an amenity if the amenity is marginally more beneficial to producers than to consumers per unit of land. Based on the model, quality of life of the unemployed in West German counties is estimated.
Subjects:quality of life
unemployment
matching
mobility
JEL:R12
R13
R14
H22
Is replaced by the following version:http://hdl.handle.net/10419/59572
Document Type:Working Paper
Appears in Collections:IWQW Discussion Paper Series, FAU Erlangen-Nürnberg

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