Market demand elasticity and income inequality

被引：6
|
作者：
Ibragimov, Marat
Ibragimov, Rustam
机构：
[1] Harvard Univ, Littauer Ctr, Dept Econ, Cambridge, MA 02138 USA
[2] Tashkent State Econ Univ, Dept Probabil Theory, Tashkent, Uzbekistan
来源：
ECONOMIC THEORY | 2007年 / 32卷 / 03期
关键词：
income inequality; market demand; elasticity;
D O I：
10.1007/s00199-006-0125-3
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper deals with the analysis of the relation between aggregate demand for a consumption good and the distribution of income across consumers. We obtain sufficient conditions under which changes in income inequality lead to an increase or decrease in the market demand elasticities. The conditions are satisfied for individual demand functions commonly used in economic models, in particular, for the typical demand functions on luxury goods and necessities.
引用
收藏
页码：579 / 587
页数：9
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