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Evidence on the Impact of Income Distribution on Consumer Demand in the UK 1955-68.

In the theoretical literature there are several results available concerning conditions under which market demand is independent of the distribution of personal incomes. A closely related question concerns the conditions under which a representative consumer exists who may have the mean or some othe...

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Published in:Review of Economic Studies Vol. 47; no. 5; pp. 893 - 907
Main Author: Simmons, P.
Format: Article
Published: Oxford University Press / USA Oct80
Subjects:
Income inequality
Consumers
Consumption (Economics)
Discretionary income
Income redistribution
Economic demand
Lorenz curve
United Kingdom
Online Access:View this record in EBSCOhost