• Title of article

    The welfare cost of monopolistic competition revisited

  • Author/Authors

    Julien Matheron، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2002
  • Pages
    5
  • From page
    129
  • To page
    133
  • Abstract
    This paper quantifies the welfare cost of monopolistic competition in a human-capital-based endogenous growth model with analytical solution. For conservative calibrations, it is shown that this welfare cost may be 2% of consumption, well beyond conventional estimates.
  • Keywords
    Monopolistic competition , Endogenous growth , Welfare analysis
  • Journal title
    Economics Letters
  • Serial Year
    2002
  • Journal title
    Economics Letters
  • Record number

    434911

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=434911