Distribution and growth in an economy with limited needs

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a mon...

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Bibliographische Detailangaben
1. Verfasser: Saint-Paul, Gilles (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: Munich Univ., Center for Economic Studies 2001
Schriftenreihe:CESifo working paper series 423
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