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.

引用

页数：4

共 50 条

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