In this paper I study how the magnitude of the substitution and income effects determine the change in the demand of a commodity following an own-price variation in a consumer choice problem with multiple consumption goods.

Panaccione, L. (2011). Mind the gap! A note on the income and the substitution effects. ECONOMICS BULLETIN, 31(1), 807-811.

Mind the gap! A note on the income and the substitution effects

PANACCIONE, LUCA
2011-01-01

Abstract

In this paper I study how the magnitude of the substitution and income effects determine the change in the demand of a commodity following an own-price variation in a consumer choice problem with multiple consumption goods.
2011
Pubblicato
Rilevanza internazionale
Articolo
Esperti anonimi
Settore SECS-P/01 - ECONOMIA POLITICA
English
own-price effect; Slutsky equation; elasticity of substitution
Panaccione, L. (2011). Mind the gap! A note on the income and the substitution effects. ECONOMICS BULLETIN, 31(1), 807-811.
Panaccione, L
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2108/54015
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