| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25395 |
| 来源ID | Working Paper 25395 |
| Inequality and Market Concentration, When Shareholding is More Skewed than Consumption | |
| Joshua Gans; Andrew Leigh; Martin Schmalz; Adam Triggs | |
| 发表日期 | 2018-12-24 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals or households can be both consumers and shareholders, the impact of market power on inequality depends in part on the relative distribution of consumption and corporate equity ownership across individuals or households. The paper calculates this distribution for the United States, using data from the Survey of Consumer Finances and the Consumer Expenditure Survey, spanning nearly three decades from 1989 to 2016. In 2016, the top 20 percent consumed approximately as much as the bottom 60 percent, but had 13 times as much corporate equity. Because ownership is more skewed than consumption, increased mark-ups increase inequality. Moreover, over time, corporate equity has become even more skewed relative to consumption. |
| 主题 | Microeconomics ; Market Structure and Distribution ; Welfare and Collective Choice |
| URL | https://www.nber.org/papers/w25395 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583069 |
| 推荐引用方式 GB/T 7714 | Joshua Gans,Andrew Leigh,Martin Schmalz,et al. Inequality and Market Concentration, When Shareholding is More Skewed than Consumption. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25395.pdf（300KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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