Monopolistic Competition and Search Unemployment: A Pissarides-Dixit-Stiglitz model
We integrate two workhorse models in economics: The monopolistic competition model of Dixit and Stiglitz and the search unemployment model of Pissarides. Many results of the original models survive. New results concerning the effects of changes in labour (goods) market parameters on goods markets (the labour market) variables are obtained and compared to the literature.
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- Winfried Vogt, 1996. "Accelerating Inflation Or Rising Unemployment -Is There An Alternative?," Metroeconomica, Wiley Blackwell, vol. 47(2), pages 197-230, 06.
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"Monopolistic Competition and Optimum Product Diversity,"
American Economic Review,
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- Blanchard, Olivier Jean & Kiyotaki, Nobuhiro, 1987. "Monopolistic Competition and the Effects of Aggregate Demand," American Economic Review, American Economic Association, vol. 77(4), pages 647-66, September.
- Aghion, Philippe & Howitt, Peter, 1994.
"Growth and Unemployment,"
Review of Economic Studies,
Wiley Blackwell, vol. 61(3), pages 477-94, July.
- Weitzman, Martin L, 1982. "Increasing Returns and the Foundations of Unemployment Theory," Economic Journal, Royal Economic Society, vol. 92(368), pages 787-804, December.
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