Income Distribution and Monopoly : Price and Quantity Patterns with Intra- and Inter-Class Income Dispersion

We analyze the direction of the co-movements of price and output in a monopolistic market when an expansive shock occurs. Price and quantity patterns are shown to depend on the consumers? income distribution. In particular, a low degree of income dispersion is associated with price and quantity reacting in opposite directions to demand shocks

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Year of publication:	2000
Authors:	Benassi, Corrado ; Cellini, Roberto ; Chirco, Alessandra
Publisher:	[S.l.] : SSRN
Subject:	Einkommensverteilung \| Income distribution \| Monopol \| Monopoly \| Theorie \| Theory \| Schock \| Shock
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Metroeconomica, Vol. 51, No. 2, 2000 Volltext nicht verfügbar
Classification:	D31 - Personal Income, Wealth and Their Distributions ; L12 - Monopoly; Monopolization Strategies
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014154428