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
Pages
7
From page
139
To page
145
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
Serial Year
2004
Journal title
Economics Letters
Record number
435337
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