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Full-Text Articles in Urban Studies and Planning

Spatial Equilibrium In Labor Markets, Philip E. Graves Jan 2013

Spatial Equilibrium In Labor Markets, Philip E. Graves

PHILIP E GRAVES

Over long periods of human history, labor market equilibrium involved movements from low-wage areas to high-wage areas, a form of arbitrage under the implicit view that wage differentials corresponded to utility differentials. This “labor economics” view is likely to be viable as long as movement and information costs are high, and under this view the movements would be expected to cause wage convergence over space. In recent decades, perhaps beginning as early as the 1960’s, both the out of pocket and psychological costs of movement have plummeted with advances in transportation and communication technology and innovation. In addition, these ...


Non-Optimal Levels Of Suburbanization, Philip E. Graves Jan 2003

Non-Optimal Levels Of Suburbanization, Philip E. Graves

PHILIP E GRAVES

Suburbanization has many causes, among which is the attempt to relocate to acquire a more desirable vector of local public goods. The traditional economists' procedure for valuing public goods involves vertical aggregation of marginal willingness to pay, at a given income level. This approach is flawed by failing to recognize that individuals will not work for goods that cannot be acquired individually with higher incomes. There will be a parallel input market failure any time there is a public good output market failure, thus the `given income' of the traditional valuation method is too low. Hence, traditional valuation methods result ...


Examining The Role Of Economic Opportunity And Amenities In Explaining Population Redistribution, Peter R. Mueser, Philip E. Graves Jan 1995

Examining The Role Of Economic Opportunity And Amenities In Explaining Population Redistribution, Peter R. Mueser, Philip E. Graves

PHILIP E GRAVES

This paper develops a model of migration integrating equilibrium and disequilibrium components in which individuals and firms form rational expectations about future opportunities. Levels of migration are derived as functions of variations in factors influencing migrant labor demand ("economic opportunity") and migrant labor supply ("residential amenities"). The model is used to estimate the extent to which migration in the United States over the period 1950-1980 is determined by these two classes of exogenous factors.


The Role Of Equilibrium And Disequilibrium In Modeling Regional Growth And Decline: A Critical Reassessment, Philip E. Graves, Peter R. Mueser Jan 1993

The Role Of Equilibrium And Disequilibrium In Modeling Regional Growth And Decline: A Critical Reassessment, Philip E. Graves, Peter R. Mueser

PHILIP E GRAVES

The assumption of interregional equilibrium in migration research has recently been attacked. At issue is the motivation for on-going migration if rents and wages accurately compensate for spatial amenity variations; but if rents and wages fail to accurately compensate potential migrants, then amenity valuations must be flawed. We here show that arguments supporting substantial disequilibrium in the U.S. economy are unconvincing. The substantive issues are then clarified by a model which allows for both equilibrium and disequilibrium migration. We conclude that intertemporally systematic migration stems predominantly from equilibrium forces.


Multimarket Amenity Compensation And The Behavior Of The Elderly, Philip E. Graves, Donald M. Waldman Jan 1991

Multimarket Amenity Compensation And The Behavior Of The Elderly, Philip E. Graves, Donald M. Waldman

PHILIP E GRAVES

There is no abstract for this work.


On The Role Of Amenities In Models Of Migration And Regional Development, Philip E. Graves Jan 1989

On The Role Of Amenities In Models Of Migration And Regional Development, Philip E. Graves

PHILIP E GRAVES

See manuscript for full abstract.


Migration With A Composite Amenity: The Role Of Rents, Philip E. Graves Jan 1983

Migration With A Composite Amenity: The Role Of Rents, Philip E. Graves

PHILIP E GRAVES

There is no abstract for this work.


Migration And Job Change: A Multinomial Logit Approach (Jue 1983), Peter D. Linneman, Philip E. Graves Jan 1983

Migration And Job Change: A Multinomial Logit Approach (Jue 1983), Peter D. Linneman, Philip E. Graves

PHILIP E GRAVES

See paper for the full abstract.


A Life-Cycle Empirical Analysis Of Migration And Climate, By Race (Jue 1979), Philip E. Graves Jan 1979

A Life-Cycle Empirical Analysis Of Migration And Climate, By Race (Jue 1979), Philip E. Graves

PHILIP E GRAVES

There is no abstract for this work.


Household Migration: Theoretical And Empirical Results, Philip E. Graves, Peter D. Linneman Jan 1979

Household Migration: Theoretical And Empirical Results, Philip E. Graves, Peter D. Linneman

PHILIP E GRAVES

See article for detailed abstract.