On equilibrium in monopolistic competition with endogenous labor

C-Tier
Journal: Economics Letters
Year: 2021
Volume: 201
Issue: C

Authors (3)

Kushnir, Alexey (not in RePEc) Tarasov, Alexander (National Research University H...) Zubrickas, Robertas (not in RePEc)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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.

Technical Details

RePEc Handle
repec:eee:ecolet:v:201:y:2021:i:c:s0165176521000513
Journal Field
General
Author Count
3
Added to Database
2026-01-29