Dixit–Stiglitz model

Dixit–Stiglitz model is a monopolistic competitive macroeconomic model. It was developed by Avinash Dixit and Joseph Stiglitz (1977)[1] and applicated by a lot of field, including real business cycle theory, economic geography and international economics.

References

  1. Dixit, Avinash K.; Stiglitz, Joseph E. (June 1977). "Monopolistic competition and optimum product diversity". The American Economic Review (American Economic Association via JSTOR) 67 (3): 297–308. JSTOR 1831401.

Further reading

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