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General Conclusion

Published online by Cambridge University Press:  05 June 2012

Yves Zenou
Affiliation:
Stockholms Universitet
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Summary

The aim of this book has been twofold. First, we have provided different models of urban labor economics (Parts 1 and 2) to acclimatize the reader to these new tools. Different models incorporating search-matching frictions or efficiency wages into an urban framework have been proposed and the reader is expected to master these new tools after the first two parts. Second, we have provided different mechanisms for explaining the consequences of segregation on ethnic minorities' labor market outcomes (Part 3). Distance to jobs and poor social networks have been put forward as the main reasons for the adverse labor market outcomes experienced by ethnic minorities.

This book has been written because the link between urban economics and labor economics has been almost totally ignored, as least from a theoretical perspective. We believe that many issues in urban economics can be analyzed in a new and deeper way when the labor market is introduced. Similarly, introducing a land market in a labor market analysis allows us to address standard issues in a different way. One prominent example is the analysis of urban ghettos, which is difficult to understand if the land (or more generally space) and the labor market are not incorporated together. Indeed, space is often a constraining factor for people in the labor market, especially for racial minorities. The spatial-mismatch hypothesis (developed in Chapters 7 and 8) is a good example of this since it posits that spatial arrangements diminish minorities' access to job opportunities, resulting in greater joblessness for minorities compared to non-minorities. Space works as a barrier for minorities.

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Urban Labor Economics , pp. 423 - 426
Publisher: Cambridge University Press
Print publication year: 2009

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  • General Conclusion
  • Yves Zenou, Stockholms Universitet
  • Book: Urban Labor Economics
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511626944.015
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  • General Conclusion
  • Yves Zenou, Stockholms Universitet
  • Book: Urban Labor Economics
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511626944.015
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • General Conclusion
  • Yves Zenou, Stockholms Universitet
  • Book: Urban Labor Economics
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511626944.015
Available formats
×