Spatial Equilibrium in Labour Markets

Martin J. Beckmann
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Martin J. Beckmann: Brown University

Chapter 5 in Recent Advances in Spatial Equilibrium Modelling, 1996, pp 111-117 from Springer

Abstract: Abstract Farmers live on their land or in villages adjacent to their acreage. All over the world small merchants reside in or above their working premises, both for security and for convenience. In the early days of industrialization workers were settled next to the factories, particularly when steady working habits had yet to be developed. It is modern urbanized mankind that has escaped from this trap of living where one works. Cheap transportation and above all the mobility of the automobile have enabled modern man to choose where to live from a typically wide array of residential areas. Even when housing markets are tight or non-functioning, say because of rent control, one is not compelled to work right next door. Commuting between residence and workplace is thus a normal pattern of modern life.

Keywords: Labour Market; Housing Market; Residential Location; Rent Control; Spatial Equilibrium (search for similar items in EconPapers)
Date: 1996
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DOI: 10.1007/978-3-642-80080-1_5

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