منابع مشابه
Monopolistic Competition
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متن کاملOptimal taxation with monopolistic competition
This paper studies optimal taxation in a DixitStiglitz model of monopolistic competition. In this setting, taxes may be used as an instrument to o¤set distortions caused by producer markups. Since markups tend to be higher in industries where rms face less elastic demand, tax rates will be pushed lower in these industries. This tends to work against the familiar inverse elasticities intuition...
متن کاملMonopolistic Competition: Theory and Applications
Under what circumstances will a monopolistic competitive market be characterized by too little or too much quality variation? How do excise taxes affect the monopolistic competitive equilibrium? Can an increase in the minimum wage lead firms to employ more workers but cause a reduction in industry wide employment? What will be the multiplier effect of a balancedbudget increase in government tax...
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In A Mathematician’s Apology [1] G. H. Hardy states, “8712 and 9801 are the only four-figure numbers which are integral multiples of their reversals”; and, he further comments that “this is not a serious theorem, as it is not capable of any significant generalization.” However, Hardy’s comment may have been short-sighted. In 1966, A. Sutcliffe [2] expanded this obscure fact about reversals. Ins...
متن کاملMonopolistic Competition: A Dual Approach
We study monopolistic competition under indirect additivity of preferences. This is dual to the Dixit-Stiglitz model, where direct additivity is assumed, with the CES case as the only common ground. Other examples include (perceived) demand functions that are exponential or linear. Our equilibrium results are generally in contrast with those received by the literature. An increase of the number...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2016
ISSN: 1556-5068
DOI: 10.2139/ssrn.2795978