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This paper studies the interplay between two types of conditions guaranteeing the monotonicity of market demand : conditions on individual preferences and conditiosn on the distribution of income.
Persistent link: https://www.econbiz.de/10005812254
The title of this Presidential Address is chosen to highlight the way in which the subject of income distribution has in the past been marginalised. For much of this century, it has been very much out in the cold. There are signs that in the 1990s it is being welcomed back, and I shall be...
Persistent link: https://www.econbiz.de/10005812258
Two essential intuitions about the concept of multidimensional inequality have been highlighted in the emerging body of literature on this subject: first, multidimensional inequality should be a function of the uniform inequality of a multivariate distribution of goods or attributes across...
Persistent link: https://www.econbiz.de/10005730367