Wages, Rent, Unemployment and Amenities
Steven Deller ()
Journal of Regional Analysis and Policy, 2009, vol. 39, issue 2, 14
Abstract:
The intent of this applied research project is to build on the Roback-Blanchflower-Oswald model linking rent, wages and unemployment to amenities. Using non-metropolitan county level US data and detailed measures of natural and built amenities I estimate a struc-tural model testing for trade-offs between rent, wages, unemployment and amenities. Results do not strictly confirm the Roback-Blanchflower-Oswald (RBO) model but there is sufficient evidence to suggest that amenities plays an important role in explaining observed levels rent, wages and unemployment.
Keywords: Food; Security; and; Poverty (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jrapmc:132435
DOI: 10.22004/ag.econ.132435
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