Bosi, Stefano; Seegmuller, Thomas - HAL - 2006
, recently, a few papers have investigated the role of consumers' heterogeneity on endogenous fluctuations. Our article aims at … endogenous cycles. In contrast to previous results, we relate the existence of such cycles to the most commonly used inequality … measure, the Gini index, and analyze the impact of consumers' heterogeneity on this index. …