Economics

A Lucas island model to analyse labour movement choice between cities based on personal characteristics

T. Qi, Y. Gao, et al.

This study introduces a Lucas-Prescott style island model to explore heterogeneous agents' location choices, emphasizing the relationship between wage income inequality and technology levels across cities. The findings reveal intriguing preferences among skilled and less-skilled workers that impact urban economies, as analyzed by Tiange Qi, Yuning Gao, and Yongjian Huang.

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