The research institute of industrial economics, ifn, is a private and independent foundation devoted to pursuing highly relevant research for trade and industry. A companion to urban economics provides a stateoftheart overview of this field, communicating its intellectual richness through a diverse portfolio of authors and topics unique in both its rigor and international treatment. Home prices, fdi flows and air quality in 35 major cities. We first present a benchmark model in which firms set efficiency wages to prevent shirking and to compensate workers for commuting. We show that agents tend to interact more with agents that are highly central in the network of social contacts and that are geographically closer.
We find that a greater decentralization of informal jobs leads to a higher informality rate in the labor market. Advanced urban economics 14 hours by yves zenou stockholm university general description. We develop a theoretical model where the existence and intensity of dyadic contacts depend on location. Zenou chapter twentyfive urban labor economic theory yves zenou 25. We then assess the extent to which better job matching of collegeeducated workers increases individuallevel wages and thereby contributes to the urban wage premium. Labour is a commodity that supplied by labourers in exchange for a wage paid by demanding firms. Urban labor economics by yves zenou cambridge university press. In contrast to lee 2008, who models ruralurban migration, and zenou 2009. Urban economists are divided on the mag nitude of spatial. Us inner cities experience poor labour market outcomes because they are disconnected from suburban job.
In the era of chinas economic growth and urbanisation, providing adequate and affordable housing for ruralurban migrants in urban areas is crucial for the success of chinas multifaceted reforms. The mechanisms of spatial mismatch laurent gobillon, harris. We show that, in denser areas, individuals choose to interact with more people and meet more random encounters weak ties than in sparsely populated areas. Urban social structure, social capital and spatial proximity. Cv yves zenou august 2015 iza institute of labor economics. Regional science and urban economics vol 40, issue 1. In his groundbreaking book, urban labor economics, zenou 2009 establishes a model synthesizing the land equilibrium concepts of the archetypical, monocentric urban model with the wage and unemployment dynamics of searchmatching models. Research institute of industrial economics, box 55665, 102 15 stockholm, sweden.
Discrimination language fluency exclusion from the labor market. Regional science and urban economics 42 6, 938949, 2012. Pdf on nov 29, 2007, yves zenou and others published urban labor economic theory find, read and cite all the research you need on. Labour markets or job markets function through the interaction of workers and employers. This type of idea is fundamental in urban economics and has given rise to a lively literature in the last 20 years. His research interests cover urban economics, labor economics, public economics and development economics. Yves zenous main research consists of better understanding social interactions between agents in the context of education, crime and labor markets and analyzing property and land tax issues. Based on his persistent research work over the past twenty years, zenou has done a great job of presenting a unified theory of urban labor economics, in which. I found zenous urban labor economics to be a useful introduction and reference for a paper that im writing that uses search theory models. Informality, city structure and ruralurban migration in. Labour economics looks at the suppliers of labour services workers and the demanders of labour services. Many issues in urban economics can be analyzed in a new and deeper way when the labor market is introduced. The researchers at ifn are united in their belief that economic methods offer a powerful tool for understanding society.
Ponzetto crei, universitat pompeu fabra, and barcelona gse march, 2012 overview urban economics is the study of cities, what happens in them, and why most people live there when there is much more space outside them. Urban labor economics came out in may 2009 at cambridge university press. Transmilenio is widely regarded as a success, and cities around the world are planning or. Environmental and ecological economics r urban, rural, regional, real estate, and transportation economics y miscellaneous categories. We develop a model where the unemployed workers in the city can find a job either directly or through weak or strong ties. Urban segregation and employment access of ethnic minorities yves zenou, stockholm university and gains. Cambridge core labour economics urban labor economics by yves zenou. Part 1 is devoted to searchmatching models, part 2 to efficiency wage.
Economics of culture and institutions, gender differences, economics of ethnic minorities, crime. Labour economics seeks to understand the functioning and dynamics of the markets for wage labour. As such, it involves using the tools of economics to analyze urban issues such as crime, education, public transit, housing, and local government finance. Urban economics is the economic study of urban areas. Urban locations and labour market evolutions are explained by yves zenou in terms of frictions in the labour market.
Urban labor economics by yves zenou cambridge core. Peer effects, social networks, and labor market outcomes in cities 376 1. Smithefficiency wages, involuntary unemployment and urban spatial structure regional science and urban economics, 25 1995, pp. Pdf on nov 29, 2007, yves zenou and others published urban labor economic theory find, read and cite all the research you need on researchgate. Most downloaded labour economics articles elsevier. In this paper survey some recent developments in urban labour economic theory. Sorry, we are unable to provide the full text but you may find it at the following locations. The mechanisms of spatial mismatch paris school of economics. Yet the urban housing provision system has overlooked the needs of rural migrants since the reforms.
Appendices deal with the basic urban economics monocentric model without. Agglomeration and job matching among college graduates. This course will build on the material presented in economics 281a by exploring a number of. An ideal supplementary textbook in upperlevel undergraduate urban economics courses, or in masters level and professional courses, providing students with the. That is, urban labour markets might be at the very source of urban increasing returns and may be the reason why we have cities. Shapiro and stiglitz 15 and zenou and smith 22 who introduce space in an. Urban labor economics, by yves zenou, journal of regional. Part 1 is devoted to searchmatching models, part 2 to efficiencywage models, and part 3 to urban ghettos and labor markets. Volume 10 issue 6 journal of economic geography oxford. This book studies the links between urban economics and labor economics.
Notes on the literature 421 general conclusion 423 a. Their combined citations are counted only for the first article. Urban segregation and employment access of ethnic minorities. Citescore values are based on citation counts in a given year e. We also demonstrate that, for a low urbanization level, there is a unique steadystate equilibrium. Research institute of industrial economics july 18, 2006 part 2.
The labormarket effects of spatial mismatch, journal of. Social interactions and labor market outcomes in cities. Urban labor economics, by yves zenou article in journal of regional science 511. In this paper, we study the relationship between informal employment and city structure, in the presence of informal housing. Housing is typically our biggest expenditure, followed by transportation whose. In the field of urban economics, this is exactly the kind of book that i have been waiting for. We show that both wages and unemployment depend on commuting costs, and that housing prices as well as location are based on workers. Zenou, journal of economic geography on deepdyve, the largest online rental service for scholarly research with thousands of academic publications available at your fingertips. Zenou 20, economic analyses of social networks, the international library of critical writings in economics, london. We build an urban searchmatching model incorporating informal labor, informal housing, and ruralurban migration. Advanced urban economics 14 hours by yves zenou stockholm university general description urban economics is the economic study of urban areas.
Social interactions and labor market outcomes in cities yves zenou stockholm university, research institute of industrial economics, gains, cepr and iza discussion paper no. Urban economics and economics of agglomeration there is an important literature in urban economics looking at how interactions between agents create agglomeration and city centers. Request pdf on jan 1, 2010, jan rouwendal and others published urban labor economics, by yves zenou find, read and cite all the research you need on researchgate. This paper extends the standard efficiency wage model in order to allow for behavioral substitution between leisure time at home and effort at work. How urbanization affects employment and social interactions. Recent theoretical work has examined the spatial distribution of unemployment using the efficiency wage model as the mechanism by which unemployment arises in the urban economy. Request pdf urban labor economics this book studies the links between urban economics and labor economics. Based on his persistent research work over the past twenty years, zenou has done a great job of presenting a unified theory of urban labor economics, in which land markets and labor markets are linked in.
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