On equilibrium in monopolistic competition with endogenous labor

被引：1
|
作者：
Kushnir, Alexey [1 ]
Tarasov, Alexander [2 ]
Zubrickas, Robertas [3 ]
机构：
[1] Carnegie Mellon Univ, Tepper Sch Business, Pittsburgh, PA 15213 USA
[2] HSE Univ, Moscow, Russia
[3] Univ Bath, Bath, Avon, England
来源：
ECONOMICS LETTERS | 2021年 / 201卷
基金：
俄罗斯科学基金会;
关键词：
Labor elasticity; Multiple sectors; Multiple equilibria;
D O I：
10.1016/j.econlet.2021.109774
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We consider a model of monopolistic competition with several heterogeneous sectors and endogenous labor supply. For low (high) values of the labor supply elasticity, we show that there is always a unique equilibrium. For medium values of the labor supply elasticity, there are either zero or two equilibria. (c) 2021 Elsevier B.V. All rights reserved.
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页数：4
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