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Yumin Hu

Yumin Hu is an Assistant Professor at Nankai University. He received his Ph.D. in Economics from Peking University in 2025. Dr. Hu’s research focuses on international trade, migration, and economic geography. His work has been published in the Canadian Journal of Economics and International Economics.
Fiscal Policy

Do Unequal Places Cost More To Live in?

Yumin Hu
In recent research, Yumin Hu, Luca Macedoni, and Mingzhi Xu explore how high income inequality can raise the costs of living. They compare grocery products around the U.S., finding that large retailers will increase the prices for their goods in places where income inequality is also high.

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The publication of the Stigler Center at The University of Chicago Booth School of Business

ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.