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Contribution Details
| Type | Journal Article |
| Scope | Discipline-based scholarship |
| Title | Inequality, market power and product diversity |
| Organization Unit | |
| Authors |
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| Item Subtype | Original Work |
| Refereed | Yes |
| Status | Published in final form |
| Language |
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| Journal Title | Economics Letters |
| Publisher | Elsevier |
| Geographical Reach | international |
| ISSN | 0165-1765 |
| Volume | 82 |
| Number | 1 |
| Page Range | 139 - 145 |
| Date | 2004 |
| Abstract Text | 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. |
| Digital Object Identifier | 10.1016/j.econlet.2003.06.003 |
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| Keywords | Inequality, Mark-ups, Monopolistic competition |