attract consumers, who care about both common product quality and consumer-influencer interaction. Sellers thus compete in … inequality change non-monotonically. More powerful influencers sell better-quality products, but pluralism in style mitigates …

We study the impact on the skill premium of increases in the quality of goods consumed by households ("trading up …"). Our empirical work shows that high- quality goods are more intensive in skilled labor than low-quality goods and that … household spending on high-quality goods rises with income. We propose a model consistent with these facts. This model accounts …

the market for quality. However, inadequate risk adjustment of report-card measures often biases comparisons across …