Foellmi, Reto; Wuergler, Tobias; Zweimüller, Josef - In: Journal of Economic Theory 153 (2014) C, pp. 617-647
more narrow range of low-quality mass products. In this framework, inequality affects the composition of R&D through price … and market size effects. The inequality–growth relationship depends on how mass production affects productivity; and on … the particular dimension of inequality (income gaps versus income concentration). Our model is sufficiently tractable to …