The Retail Price of Inequality

David Frankel and Eric Gould

Staff General Research Papers Archive 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: 2001-01-01
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Citations: View citations in EconPapers (31)

Published in Journal of Urban Economics 2001,, pp. 219-239

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Related works:
Journal Article: The Retail Price of Inequality (2001)
Working Paper: The Retail Price of Inequality (2000)
Working Paper: The (Retail) Price of Inequality (1996)
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Persistent link: https://EconPapers.repec.org/RePEc:isu:genres:11922

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