Exchange in markets with heterogeneous agents and trade frictions
This thesis studies the implications of heterogeneity in consumers' incomes or preferences for market equilibrium and welfare in a world characterized by economies of scale and trade frictions. The first chapter studies how the level and the distribution of per capita income affects industrial...
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London School of Economics and Political Science (University of London)
2002
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Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.271512 |