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Inequality, Market Power, and Product Diversity


Foellmi, Reto; Zweimüller, Josef (2003). Inequality, Market Power, and Product Diversity. Working paper series / Institute for Empirical Research in Economics No. 145, University of Zurich.

Abstract

We analyze a macroeconomic model of monopolistic competition in which consumersnearn unequal incomes. When preferences are non-homothetic, the distribution of incomenaffects equilibrium mark-ups and equilibrium product diversity.

Abstract

We analyze a macroeconomic model of monopolistic competition in which consumersnearn unequal incomes. When preferences are non-homothetic, the distribution of incomenaffects equilibrium mark-ups and equilibrium product diversity.

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Additional indexing

Item Type:Working Paper
Communities & Collections:03 Faculty of Economics > Department of Economics
Working Paper Series > Institute for Empirical Research in Economics (former)
Dewey Decimal Classification:330 Economics
Language:English
Date:March 2003
Deposited On:29 Nov 2011 21:25
Last Modified:12 Aug 2017 12:53
Series Name:Working paper series / Institute for Empirical Research in Economics
ISSN:1424-0459
Official URL:http://www.econ.uzh.ch/wp.html

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