ABRS: Stata module to provide Toolkit for counterfactuals based on a spatial equilibrium framework with heterogenous preferences by Ahlfeldt, Bald, Roth, Seidel: “Measuring quality of life under spatial frictions"
Gabriel Ahlfeldt ()
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Gabriel Ahlfeldt: LSE
Statistical Software Components from Boston College Department of Economics
Abstract:
This toolkit allows for counterfactual evaluations of the effects of changes in labor productivity, quality of life, or housing productivity on employment, wage, and housing rent in a spatial general equilibrium framework with heterogeneous worker preferences. We use a toy version of the Quantitative Spatial Model in Ahlfeldt, Bald, Roth, Seidel (WIP). To establish the general equilibrium, the model clears the labor, housing, and goods market. For didactic purposes, we generate a graph that illustrates all combinations between the following endogenous variables that satisfy all equilibrium conditions: wage vs. employment, employment vs. rent, rent vs. wage. The rectangles in the graphs generated by the program represent the only combinations of employment, wage, and rent that satisfy all equilibrium conditions of the model. This toolkit allows for counterfactual evaluations of the effects of changes in labor productivity, quality of life, or housing productivity on employment, wage, and housing rent in a spatial general equilibrium framework with heterogeneous worker preferences. We use a toy version of the Quantitative Spatial Model in Ahlfeldt, Bald, Roth, Seidel (WIP). To establish the general equilibrium, the model clears the labor, housing, and goods market. For didactic purposes, we generate a graph that illustrates all combinations between the following endogenous variables that satisfy all equilibrium conditions: wage vs. employment, employment vs. rent, rent vs. wage. The rectangles in the graphs generated by the program represent the only combinations of employment, wage, and rent that satisfy all equilibrium conditions of the model.
Language: Stata
Requires: Stata version 17
Keywords: toolkit; counterfactual evaluations (search for similar items in EconPapers)
Date: 2024-03-12
Note: This module should be installed from within Stata by typing "ssc install abrs". The module is made available under terms of the GPL v3 (https://www.gnu.org/licenses/gpl-3.0.txt). Windows users should not attempt to download these files with a web browser.
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http://fmwww.bc.edu/repec/bocode/a/abrs.ado program code (text/plain)
http://fmwww.bc.edu/repec/bocode/a/abrs.sthlp help file (text/plain)
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