Urban Labor Economics

Inbunden, Engelska, 2009

AvYves Zenou

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This book studies the links between urban economics and labor economics. Different models of urban labor economic theory are examined in the initial two parts of this book: first urban search-matching models and then urban efficiency wages. These models are then used to analyze urban ghettos and their consequences for ethnic minorities in the labor market. Professor Zenou first provides different mechanisms for the so-called spatial mismatch hypothesis, which postulates that housing discrimination introduces a key frictional factor that prevents minorities from improving access to job opportunities by relocating their residences closer to jobs. He then explores social networks, which tend to be affected by spatial factors, as workers who are physically close to jobs can be socially far away from them. Based on these models, the author offers different policies aiming at fighting high unemployment rates experienced by ethnic minorities residing in segregated areas.

Produktinformation

Utgivningsdatum2009-04-27
Mått152 x 229 x 33 mm
Vikt940 g
FormatInbunden
SpråkEngelska
Antal sidor524
FörlagCambridge University Press
ISBN9780521875387

Tillhör följande kategorier

Mikroekonomi inom Ekonomi och Ledarskap

Yves Zenou is Professor of Economics at Stockholm University and a Senior Research Fellow at the Research Institute of Industrial Economics (IFN). He is also affiliated with the Groupe d'Analyse des Itinéraires et Niveaux Salariaux (GAINS, Le Mans, France), the Center for Economic Policy Research (CEPR, London), and the Institute for the Study of Labor (IZA, Bonn). He was previously Professor of Economics at the University of Southampton, UK, and a Research Fellow at the Center for Operations Research and Econometrics (CORE, Belgium). Yves Zenou has also been a visiting professor at the European University Institute in Florence and Tel Aviv University. He is editor of Regional Science and Urban Economics and associate editor of the Journal of Urban Economics. His publications have appeared in leading journals such as Econometrica, Review of Economic Studies, the Journal of Economic Theory, International Economic Review, the Journal of Labor Economics, and the Journal of Public Economics.

Introduction; Part I. Urban Search-Matching: 1. Simple models of urban search-matching; 2. Extensions of urban search-matching models; 3. Non-monocentric cities and search-matching; Part II. Urban Efficiency Wages: 4. Simple models of urban efficiency wages; 5. Extensions of urban efficiency wage models; 6. Non-monocentric cities and efficiency wages; Part III. Urban Ghettos and the Labor Market: 7. The spatial mismatch hypothesis: a search-matching approach; 8. The spatial mismatch hypothesis: an efficiency-wage approach; 9. Peer effects, social networks, and labor market outcomes in cities; General conclusion.

'In the field of urban economics, this is exactly the kind of book that I have been waiting for. 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 an integrated manner. After introducing the main theoretical ingredients systematically, the book addresses major policy issues, such as urban unemployment, ghettos, labor market networks, and spatial mismatches between minorities' residences and job locations. This book is a must for both urban economists and labor economists interested in cities as well as for urban policy makers.' Masahisa Fujita, Institute of Economic Research, Kyoto University (KIER), Japan