I appreciate this mode of reasoning but I think it fails here Use Bertrand if you like but UBI would result in a demand shock for a stock of goods that is close to fixed in the short term :/ Pretty generally a subsidy is won by the side of a market with lower elasticityhttps://twitter.com/yhdistyminen/status/1222899964440764416 …
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Check out the impact of Australia's experiments with first time homebuyer grants. Raised prices by roughly the grant amount.
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