| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2651 |
| DP2651 Consumption-Savings Decisions with Quasi-Geometric Discounting | |
| Anthony A Smith Jr. | |
| 发表日期 | 2001-01-25 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | We investigate the role of skill heterogeneity in explaining location patterns induced by pecuniary externalities (Krugman (1991)). In our setting, sellers with higher skills perform better in the marketplace, and their sales are larger. Selling to distant locations leads to lower sales because of both (pecuniary) transport costs and communication costs that reduce the perceived quality of goods. A symmetry-breaking result is obtained: symmetric configurations cannot be stable, and regional inequality is inevitable. The relatively more skilled choose to stay in the location with higher aggregate income and skill, while the relatively less skilled stay in the other. The model allows us to analyse the links between the extent of interregional inequality and the extent of interpersonal skill inequality. |
| 主题 | International Trade and Regional Economics ; Labour Economics |
| 关键词 | Skill heterogeneity Agglomeration Core-periphery model Regional inequality Interpersonal inequality Transport and communication costs |
| URL | https://cepr.org/publications/dp2651 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531716 |
| 推荐引用方式 GB/T 7714 | Anthony A Smith Jr.. DP2651 Consumption-Savings Decisions with Quasi-Geometric Discounting. 2001. |
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