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This paper provides some elements to explain the observed takeover in some urban areas of a new kind of elite associated with new economy jobs, also known as "bourgeois bohème" (bobos). This takeover has been associated with greater investment in urban amenities and "clean" means of transport, with adverse effects on commuting time. The model allows us to explain those developments by productivity is growth in the new economy, and by the differences in production processes between the new and old economies. The consequences of bobo takeover for house prices and employment of unskilled service workers are also discussed. A bunkerized equilibrium in which skilled workers in the old economy no longer reside in the city and have been replaced by service workers is studied. In such an equilibrium urban amenities are at their maximum and com...
In this article, we discuss the consequences of the functioning of the labor market on conflicts of interest and public decisions. We identify two factors of sclerosis. First, the existence of rents increases the political support for protective policies that block changes having allocative consequences in the labor market. Second, collective action and government intervention tend to substitute themselves for the (misfunctioning) labour market. Cet article s’intéresse aux conséquences du fonctionnement du marché du travail sur les conflits d’intérêt et les décisions publiques. On montre que deux facteurs de sclérose sont présents. D’une part, l’existence de rentes tend à accroître la popularité de mesures protectives visant à freiner tout changement impliquant une réallocation de l’emploi; d’autre part, l’action collective et l’interv...