The Retail Price of Inequality

This paper studies the relation between a city's income distribution and its retail price level using panel data. We find that an increase in the presence of lower-middle income households, relative to poor or upper income households, is associated with lower prices. Our findings suggest that greater income inequality raises the prices that poor households face, thus making it harder for them to invest in human capital

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Year of publication:	2002
Authors:	Frankel, David M. ; Gould, Eric D.
Publisher:	[S.l.] : SSRN
Subject:	Preis \| Price \| Einzelhandel \| Retail trade \| Theorie \| Theory \| Einkommensteuer \| Income tax \| Unvollkommener Wettbewerb \| Imperfect competition
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Journal of Urban Economics, Vol. 49, No. 2, pp. 219-239, March 2001 Volltext nicht verfügbar
Source:	ECONIS - Online Catalogue of the ZBW

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