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

In this note, I study how the magnitude of the substitution and the income effects affects the change in the demand for a good following an own-price variation in a single consumer choice model with multiple goods.

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Year of publication:	2011
Authors:	Panaccione, Luca
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 31.2011, 1, p. 807-811
Publisher:	AccessEcon
Subject:	Own-Price Effect \| Slutsky Equation \| Elasticity of Substitution

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	D1 - Household Behavior and Family Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008861879