Market size, occupational self-selection, sorting, and income inequality

Kristian Behrens, Dmitry Pokrovsky, Evgeny Zhelobodko

Результат исследования: Научные публикации в периодических изданияхстатьярецензирование

4 Цитирования (Scopus)

Аннотация

We develop a monopolistic competition model with heterogeneous agents who self-select into occupations (entrepreneurs and workers) depending on innate ability. The effect of market size on the equilibrium occupational structure crucially hinges on properties of the lower tier utility function—its scale elasticity and relative love-for-variety. When combined with the underlying ability distribution, the share of entrepreneurs and income inequality can increase or decrease with market size. When extended to allow for the endogenous sorting of mobile agents between cities, numerical examples suggest that sorting may increase inequality within and between cities.

Язык оригиналаанглийский
Страницы (с-по)38-62
Число страниц25
ЖурналJournal of Regional Science
Том58
Номер выпуска1
DOI
СостояниеОпубликовано - янв. 2018
Опубликовано для внешнего пользованияДа

Предметные области OECD FOS+WOS

  • 5.09 ПРОЧИЕ СОЦИАЛЬНЫЕ НАУКИ
  • 1.05.LE НАУКИ О ЗЕМЛЕ, МУЛЬТИДИСЦИПЛИНАРНЫЕ

ГРНТИ

  • 06 ЭКОНОМИКА И ЭКОНОМИЧЕСКИЕ НАУКИ

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