Title of article :
Inequality, market power, and product diversity
Author/Authors :
Reto Foellmi، نويسنده , , Josef Zweimüller، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2004
Abstract :
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.
Keywords :
Inequality , Markups , Monopolistic competition
Journal title :
Economics Letters
Journal title :
Economics Letters
