| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9831 |
| DP9831 Market Size, Entrepreneurship, and Income Inequality | |
| Kristian Behrens; Evgeny Zhelobodko | |
| 发表日期 | 2014-02-16 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | We develop a monopolistic competition model with two sectors and heterogeneous agents who self-select into entrepreneurship, depending on entrepreneurial ability. The effect of market size on the equilibrium share of entrepreneurs crucially hinges on properties of the lower-tier utility function for differentiated varieties ? its elasticity of substitution and its Arrow-Pratt index of relative risk aversion. We show that the share of entrepreneurs, and the cutoff for self-selection into entrepreneurship, can increase or decrease with market size. The properties of the underlying ability distribution largely determine how income inequality changes with market size. |
| 主题 | International Trade and Regional Economics |
| 关键词 | entrepreneurship Heterogeneous agents Income inequality Market size Monopolistic competition |
| URL | https://cepr.org/publications/dp9831 |
| 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/538667 |
| 推荐引用方式 GB/T 7714 | Kristian Behrens,Evgeny Zhelobodko. DP9831 Market Size, Entrepreneurship, and Income Inequality. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
