Tabla de Contenidos:
  • Cover; Half Title Page; Title Page; Copyright Page; Original Title Page; Original Copyright Page; Dedication Page; Preface; Acknowledgement; Contents; List of figures; List of tables; Part I A theory of regional adjustment; 1 The adjustment problem; Introduction; A binary theory of regional change; A critique of catastrophe theory; The necessity for adjustment theory; The adjustment problem; 2 Contemporary regional economic structure; Introduction; Adjustment theory in general; Local economic structure; The management of labor supply; Location and adjustment strategies
  • A typology of regional adjustmentConclusions; 3 An adjustment model of regional production; Introduction; Traditional regional production models; A production model of the firm; The geography of output; Data and empirical methodology; Regional output and the distribution of income; Conclusions; Part II Local employment profiles and labor demand; 4 Fluctuations and rigidities in local labor markets; Introduction; Labor as a commodity; Contracts and labor relations; Adjustment scenarios by city and industry; Conclusions; 5 Regional demand for labor; Introduction; Wages as prices
  • Prices and profitsOutput and labor adjustment; Wages and profits; Conclusions; 6 The risks of local adjustment; Introduction; Geographical profiles of employment dynamics; Risk and regional change; A methodology for aggregate risk analysis; Job risk in two urban economies; Conclusions; Part III Regionalwages and prices; 7 Does inflationvary between cities?; Introduction; Costs of inflation; Properties of price adjustment; Empirical methodology; Urban inflation patterns; Predicting local inflation; Conclusions; 8 Components of local inflation; Introduction; The shocks hypothesis
  • National versus local inflation patternsComponents of local inflation; Conclusions; 9 Regional wage indexation; Introduction; Wage bargaining and indexation; Regional wage-price dynamics; Regional wage and price inflation; Causality between regional wages and prices; Conclusions; Part IV Interregional labor migration; 10 Dynamics of inter-state labor migration; Introduction; Adjustment properties of labor migration; Dynamic statistical models; Time-series structure of gross migration; Relationships between gross flows; Conclusions; 11 Migration and capital; Introduction
  • The capital-logic schoolThe competitive market school; Modeling regional growth and decline; Cross-correlation analysis of migration and capital; Capital, in-migration, and causality; Capital, outmigration, and causality; Conclusions; 12 Labor migration and uncertainty; Introduction; Transaction costs and policy; Decentralized labor markets and transaction costs; Substantive bases of labor exchange; Social relations of uncertainty; Conclusions; Part V Regionalcapital dynamics; 13 Regional capital theory; Introduction; The local capital market; The holy grail of regional convergence