【摘要】Combining a spatial equilibrium model with a search-matching unemployment model,this paper analyzes the willingness to pay for regional amenities and the regional quality of life whenwages, rents, and unemployment risk compensate for local amenities and disamenities. The results arecompared with those obtained from the Rosen-Roback approach. We demonstrate that the traditionalapproach gives too much weight to the wage differential if search frictions are significant. Furthermore,the paper confirms that the wage curve is negatively sloped for quasi-linear utility. Specifically, thewage rate increases and the unemployment rate decreases in response to an increase in the amenitylevel if the amenity is marginally more beneficial to producers than to consumers.

【文献来源】Wrede M. Wages;Rents;Journal of Regional Science.2015（4）