Day 1
13:30-15:00: A non-technical presentation of land-use theory [PDF]
15:30-17:00: Exercises [PDF] Answers [PDF]
Readings:
DiPasquale, D. and W. Wheaton. Urban Economics and Real Estate Markets. Prentice Hall, Englewood Cliffs, NJ, 1996
Day 1 (continued)
8:30-10:00 and 10:30-12:00: The basic urban model with identical agents [PDF]
Readings:
Brueckner, J., 1987, The Structure of Urban Equilibria: A Unified Treatment of the Muth-Mills Model, E.S. Mills (Ed.),
Handbook of Regional and Urban Economics, Vol. 2, Chap. 20, pp. 821-845. [PDF]
Fujita, M., 1989, Urban Economic Theory, Cambridge University Press.
Song, Y. and Y. Zenou (2006), Property tax and urban sprawl. Theory and implications for U.S. cities, Journal of Urban Economics, forthcoming. [PDF]
13:30-15:00: Optimality of the equilibrium allocation and comparative statics of the urban model (same slides as in the morning lecture)
Exercise 1 [PDF] Answers [PDF]
Exercise 2 [PDF] Answers [PDF]
Exercise 3 [PDF] Answers [PDF]
Exercise 4 [PDF] Answers [PDF]
Exercise 5 [PDF] Answers [PDF]
Day 2
8:30-10:00 and 10:30-12:00: The basic urban model with heterogeneous agents [PDF]
Additional Readings:
Y. Zenou and L. Eeckhoudt (1997), Bid rents under unemployment risk: delayed versus timeless uncertainty, Journal of Urban Economics 42, 42-63. [PDF]
13:30-15:00: The basic urban model with heterogeneous agents continued
15:30-17:00:
Exercise 1 [PDF] Answers [PDF]
Exercise 2 [PDF] Answers [PDF]
Exercise 3 [PDF] Answers [PDF]
Day 3
Duocentric cities [PDF]
Exercise 1 [PDF] Answers [PDF]
Day 4
8:30-10:00 and 10:30-12:00: Urban unemployment: Efficiency Wages [PDF]
Readings:
Zenou, Y., Smith, T.E. (1995), Efficiency wages, involuntary unemployment and urban spatial structure, Regional Science and Urban Economics 25, 547-573. [PDF]
13:30-15:00: Urban unemployment: Efficiency Wages continued
15:30-17:00: Urban unemployment: Job search and job matching [PDF]
Day 5
8:30-10:00 and 10:30-12:00: Lecture 6: Rural-urban migration [PDF]
Readings:
Harris, J.R., Todaro, M.P., 1970, Migration, unemployment and development: A two-sector analysis, American Economic Review 60, 126-142. [PDF]
Brueckner, J.K., Zenou, Y, 1999, Harris-Todaro models with a land market, Regional Science and Urban Economics 29, 317-339. [PDF]
10:30-12:00: Overview of the course