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Multimarket Amenity Compensation and the Behavior of the ElderlyPhilip E. GravesUniversity of Colorado at Boulder - Department of Economics Donald M. WaldmanUniversity of Colorado at Boulder - Department of Economics 1991 American Economic Review, Vol. 81, No. 5, 1991 Abstract: This paper did not have an abstract at publication. However, it shows that retirees move, as expected in the Roback model, to where amenities are largely capitalized into labor markets. To examine the extent that spurious correlations might be responsible, the mobility of the non-retired workers was examined, and for this sub-group the share of compensation occurring in the labor market versus the land market was non-significant.
Number of Pages in PDF File: 8 Keywords: Amenities, wage compensation, rent compensation, elderly mobility Accepted Paper SeriesDate posted: July 31, 2010 ; Last revised: August 8, 2010Suggested CitationContact Information
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