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build a framework with entry, imperfect competition, heterogeneous households, and incomplete markets. Recent trends in … restrict competition. Those trends account for 11% to 22% of the increase in income inequality observed between 1989 and 2007 … transition from a high to a low competition environment. These are either the wealthy, or agents with low productivity relative …
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and price competition is studied, as are the changes in competition intensity across distances and road networks. The … ows. Thus, competition is found to intensify with rising potential demand, as that increases the incentives of …
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from technological competition did not have a strong effect on the increase of the wage differential between the different …
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