The Retail Price of Inequality

David Frankel

No 577, Econometric Society World Congress 2000 Contributed Papers from Econometric Society

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: 2000-08-01
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Related works:
Journal Article: The Retail Price of Inequality (2001)
Working Paper: The Retail Price of Inequality (2001)
Working Paper: The (Retail) Price of Inequality (1996)
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