Raspredelenie predprinimatel'skih sposobnostej i migracijaAlexander Shapoval
, D. A. Pokrovskij
, 2015, original scientific article
Abstract: The authors define a general equilibrium model with heterogeneous
individuals who are endowed with identical preferences, given by the utility function with constant elasticity of substitution (CES), and with heterogeneous entrepreneurial skills. We find that scale effects linked to migration can be analyzed within the framework of the constructed model because the migration changes the market size together with a market structure. A population growth due to immigration of low-qualified individuals ambiguously affects the share of reciprocal to entrepreneurial
and the inequality in the economy. If the distribution of the inverse entrepreneurial skills has an increasing (decreasing, constant) elasticity, then decreases (increases, and does not change) and the Gini coefficient increases (decreases and does not change).
Found in: ključnih besedah
Summary of found: ... monopolistic competition, heterogeneous consumers, entrepreneurship,
migration, income ineq...
Keywords: monopolistic competition, heterogeneous consumers, entrepreneurship, migration, income inequality, welfare
Published: 10.06.2021; Views: 945; Downloads: 0
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