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Monopoly, inequality and redistribution via the public provision of private goods
Katsimi, Margarita; Moutos, Thomas - 2004
competition, she may prefer – ceteris paribus – a positive tax rate in the presence of monopoly. …The relationship between inequality and redistribution is usually studied under the assumption that the government … expenditure). We study the effects of inequality on the size (and structure) of redistributive programs in both perfectly …
Persistent link: https://www.econbiz.de/10010261071
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Inflation As Restructuring. A Theoretical and Empirical Account of the U.S. Experience
Nitzan, Jonathan - 1992
The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of analysis, we argue that inflation could be understood only in terms of ongoing structural and...
Persistent link: https://www.econbiz.de/10011646704
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Product Pricing when Demand Follows a Rule of Thumb
Matzke, Christina; Wirth, Benedikt - 2009
as suggested in consumer research. On this basis, we investigate monopoly and competition between firms, described via an …-loop system. We derive a Nash equilibrium and examine the influence of advertising. We show for the monopoly case that a reduction …
Persistent link: https://www.econbiz.de/10010270001
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Warrant economics, call-put policy options and the fallacies of economic theory
Hatgioannides, John; Karanassou, Marika - 2011
perfect competition, the global fields of the dysfunctional market system have mushroomed in what we call Warrant Economics … of the neoliberal edifice: (i) the systemic creation and preservation of inequality via Call-Put policy options, and (ii …) the systemic exploitation of inequality via novel and toxic forms of securitisation. In effect, the power structure of …
Persistent link: https://www.econbiz.de/10010282231
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Legal Unbundling can be a Golden Mean between Vertical Integration and Separation
Höffler, Felix; Kranz, Sebastian - 2007
We study an industry in which an upstream monopolist supplies an essential input at a regulated price to several downstream firms. Legal unbundling means that a downstream firm owns the upstream firm but this upstream firm is legally independent and maximizes its own upstream profits. We allow...
Persistent link: https://www.econbiz.de/10010264909
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Imperfect Legal Unbundling of Monopolistic Bottlenecks
Höffler, Felix; Kranz, Sebastian - 2007
We study an industry with a monopolistic bottleneck (e.g. a transmission network) supplying an essential input to several downstream firms. Under legal unbundling the bottleneck must be operated by a legally independent upstream firm, which may be partly or fully owned by an incumbent active in...
Persistent link: https://www.econbiz.de/10010264910
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Equivalence scales reconsidered: an empirical investigation
Bönke, Timm; Schröder, Carsten - 2007
, a reliable assessment of inequality in living standards, therefore, necessitates the conversion of the original … conversion strategy, and explain our results by means of an inequality decomposition by population subgroups. …
Persistent link: https://www.econbiz.de/10010296295
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Statistical theories of income and wealth distribution
Chakrabarti, Anindya S.; Chakrabarti, Bikas K. - 2009
The distributions of income and wealth in countries across the world are found to possess some robust and stable features independent of the specific economic, social and political conditions of the countries. We discuss a few physics-inspired multi-agent dynamic models along with their...
Persistent link: https://www.econbiz.de/10010299490
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Equivalence scales reconsidered an empirical investigation
Bönke, Timm; Schröder, Carsten - 2007
, a reliable assessment of inequality in living standards, therefore, necessitates the conversion of the original … conversion strategy, and explain our results by means of an inequality decomposition by population subgroups. …
Persistent link: https://www.econbiz.de/10010324347
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International migration, ethnicity and economic inequality
Kahanec, Martin; Zimmermann, Klaus F. - 2008
While the allocative efficiency of mobility is typically considered to be positive but small in the long run, the induced changes in equality may be considerable in size. In practice, however, migrants typically improve their income position in comparison to those at home, stimulate the economic...
Persistent link: https://www.econbiz.de/10010268747