Terrorism and the Resilience of Cities
نویسندگان
چکیده
from land and housing prices, and interpret transport costs broadly to include the costs of consuming a wide variety of goods. For goods that are available only in the city (such as fine restaurants and unique entertainment), their cost for those outside the city includes airfare and hotel bills. 14. There is one other equilibrium between and where the real wage gap is zero, but it is unstable. 15. This is the interpretation of the post-war Japanese experience offered by Davis and Weinstein (forthcoming). 16. If we were to make this cost a function of the share of workers in each location, the qualitative results would be similar. λL 0.5 = λL 1 =
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