This paper analyzes under which conditions a shift in the relative preferences between consumption goods may induce a change in the equilibrium values of the sectoral variables in the same direction, compared with the previous static equilibrium. (C) 2011 Elsevier B.V. All rights reserved.
Preference shifts between consumption goods and sectoral changes
BUSATO, Francesco
2011-01-01
Abstract
This paper analyzes under which conditions a shift in the relative preferences between consumption goods may induce a change in the equilibrium values of the sectoral variables in the same direction, compared with the previous static equilibrium. (C) 2011 Elsevier B.V. All rights reserved.File in questo prodotto:
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