Who Lives Where in the City? Amenities, Commuting and Income Sorting
2018/12/04
研討會日期 : 2018-12-04
時間 : 14:30
主講人 : Professor Jacques Thisse
主持人 : Professor Shin-Kun Peng
地點 : Conference Room B110
演講者簡介 : Professor Thisse received his Ph.D. in Economics from Université de Liège, Belgium in 1975. He is currently an Emeritus Professor at CORE-Université catholique de Louvain, Belgium and Chief Research Fellow at National Research University Higher School of Economics, Russia. His research interests are Industrial Organization, International trade, Urban economics, New Economic Geography, Regional economics, and Operations Research.
演講摘要 : We study the sorting of income-heterogeneous consumers within cities. We allow for non-homothetic preferences and locations that are differentiated by their distance to employment centers and accessibility to exogenous amenities. The residential equilibrium is driven by the properties of an amenity-commuting aggregator obtained from the primitives of the model. Using micro-data on the Randstad (the Netherlands), we find that doubling the amenity level (resp., commuting time), attracts households whose incomes are 1-2.5% higher (resp., 6-17.5% lower). Using the model's estimated parameters, we predict the impact of changes in accessibility to jobs and amenities on the social structure of the Randstad.
