Heterogenous preferences in consumption: aggregate channels, dynamics, and competition concerns
Lead Research Organisation:
London School of Economics and Political Science
Department Name: Economics
Abstract
In the past decades most economies have been characterised by three main phenomena: 1) rising concentration, 2) slowing productivity growth, 3) increasing inequality. These three empirical facts are at odds with the neoclassical explanation, and in this project I want to explore whether formulating distributional preferences in consumption as a function of wealth can provide a sensible explanation for the registered increase in concentration despite the productivity slowdown.
People |
ORCID iD |
Maitreesh Ghatak (Primary Supervisor) | |
Delia Macaluso (Student) |
Studentship Projects
Project Reference | Relationship | Related To | Start | End | Student Name |
---|---|---|---|---|---|
ES/P000622/1 | 01/10/2017 | 30/09/2027 | |||
2751797 | Studentship | ES/P000622/1 | 26/09/2022 | 30/09/2026 | Delia Macaluso |