Inequality : A Hidden Cost of Market Power / OECD Publishing.

Format:

Book

Author/Creator:

OECD Publishing, author, issuing body.

Language:

English

Subjects (All):

Investments.

Physical Description:

1 online resource (58 pages)

Other Title:

Inequality

Place of Publication:

Paris : OECD Publishing, 2017.

Summary:

This paper explores the impact of competition on inequality by developing a new model to illustrate how higher profits from market power, and associated higher prices, could influence the distribution of wealth and income. It analyses data from eight OECD countries - Canada, France, Germany, Korea, Japan, Spain, the United Kingdom and the United States. The results contribute to the economic literature on the origins of inequality, suggesting that competition may help to reduce economic inequality.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

92-64-89459-4