Inequality and Growth: The Neglected Demand Side
نویسندگان
چکیده
The supply side of our model consists in an endogenous growth model with monopolistic competition and product innovation. Together with the hierarchy of wants over the innovative goods, this setting enables us to study a mechanism that so far has been largely neglected in the literature: the role that inequality plays for the prices that innovators can charge and the corresponding quantities that innovators can sell.
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تاریخ انتشار 2001