Sales and Markup Dispersion: Theory and Empirics.

We characterize the relationship between the distributions of two variables linked by a structural model. We then show that, in models of heterogeneous firms in monopolistic competition, this relationship implies a new demand function that we call "CREMR" (Constant Revenue Elasticity of Marginal Rev...

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Bibliographic Details

Published in:	Econometrica Vol. 89; no. 4; pp. 1753 - 1789
Main Authors:	Mrázová, Monika, Neary, J. Peter, Parenti, Mathieu
Format:	Article
Published:	Wiley-Blackwell Jul2021
Subjects:	Monopolistic competition Demand function Market equilibrium Structural models Dispersion (Chemistry) Pareto distribution Pricing
Online Access:	View this record in EBSCOhost