| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
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| Título: |
CAN INCOME EQUALITY INCREASE COMPETITIVENESS?
|
| Autores: |
Fishman, Arthur
Simhon, Avi
|
| Data: |
2003-09-02
|
| Ano: |
2003
|
| Palavras-chave: |
Search
Price Dispersion
Income Inequality
Consumer/Household Economics
D83
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| Resumo: |
This paper explores the relationship between income distribution, prices, production efficiency and aggregate output in a decentralized search economy. We show that income distribution determines how competitive the market is, and thereby affects production efficiency and aggregate output. It is shown that it is generally possible to engineer a judicious transfer of income from high to low income individuals which simultaneously increases income equality, competitiveness, and aggregate output.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
|
| Identificador: |
11182
http://purl.umn.edu/14983
|
| Editor: |
AgEcon Search
|
| Relação: |
Hebrew University of Jerusalem>Department of Agricultural Economics and Management>Discussion Papers
Discussion Paper 7.03
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| Formato: |
28
application/pdf
|
