Who lives where in the city? Amenities, commuting and income sorting
نویسندگان
چکیده
We develop a new model of “featureful” city in which locations are differentiated by two attributes, that is, the distance to employment centers and accessibility given amenities. The residential equilibrium involves spatial separation households sharing similar incomes. Under Stone-Geary preferences, amenities commuting subsumed into location-quality index. Hence, assignment becomes one-dimensional. Since choices driven index, income mapping may be fully characterized. Using rich micro-dataset on Netherlands, we show household sorting is indeed times.
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ژورنال
عنوان ژورنال: Journal of Urban Economics
سال: 2022
ISSN: ['0094-1190', '1095-9068']
DOI: https://doi.org/10.1016/j.jue.2021.103394