The Retail Price of Inequality

David M. Frankel and Eric D. Gould

Staff General Research Papers from Iowa State University, Department of Economics

Abstract: This paper studies the relation between a city's income distribution and its retail price level using panel data. We find that an increase in the presence of lower-middle income households, relative to poor or upper income households, is associated with lower prices. Our findings suggest that greater income inequality raises the prices that poor households face, thus making it harder for them to invest in human capital.

Date: Written
View citations in EconPapers

Published in Journal of Urban Economics, 2001, No. 49, pp. 219-239.

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: The (Retail) Price of Inequality (1996)
Working Paper: The Retail Price of Inequality (2000)
Journal Article: The Retail Price of Inequality (2001)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:isu:genres:11922

Access Statistics for this paper

More papers in Staff General Research Papers from Iowa State University, Department of Economics
Address: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070
Contact information at EDIRC.
Series data maintained by Stephanie Bridges ().