Inequality, market power, and product diversity

被引:18
|
作者
Foellmi, R [1 ]
Zweimüller, J
机构
[1] Univ Zurich, Zurich, Switzerland
[2] Univ Zurich, CESifo, IZA, CH-8006 Zurich, Switzerland
[3] CEPR, CH-8006 Zurich, Switzerland
关键词
inequality; markups; monopolistic competition;
D O I
10.1016/j.econlet.2003.06.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
We analyze a macroeconomic model of monopolistic competition in which consumers earn unequal incomes. When preferences are nonhomothetic, the distribution of income affects equilibrium markups and equilibrium product diversity. (C) 2003 Elsevier B.V All rights reserved.
引用
收藏
页码:139 / 145
页数:7
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