Urban Labor and Housing Markets
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This course is an introduction to the modeling of urban labor and housing markets, with an emphasis on dynamic models. Building upon urban economic theory and the search and matching framework, we will first study the interplay between city structure and job search behavior,
introduce the notion of spatial mismatch and discuss the relevance of so-called "place-based" policies. Then, we will turn to the housing market and the specific sequence of home search, study the determinants of housing demand and analyze the processes leading to urban segregation. The last part will be devoted to the question of labor mobility between cities. We will question the impact of tenure status on labormarket performance, discuss what constitutes a local labor market and analyze the determinants and consequences of job-related migration.