Multimarket Amenity Compensation and the Behavior of the Elderly
8 Pages Posted: 31 Jul 2010 Last revised: 8 Aug 2010
Date Written: 1991
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.
Keywords: Amenities, wage compensation, rent compensation, elderly mobility
Suggested Citation: Suggested Citation