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  • 标题:CAN INCOME EQUALITY INCREASE COMPETITIVENESS?
  • 本地全文:下载
  • 作者:Fishman, Arthur ; Simhon, Avi
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:2003
  • 期号:SUPPL
  • 出版社:Food Distribution Research Society
  • 摘要: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.
  • 关键词:Search;Price Dispersion;Income Inequality
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