The Effects of Income-Redistribution on Aggregate Consumption with Interdependence of Consumers' Preferences
The Effects of Income-Redistribution on Aggregate Consumption with Interdependence of Consumers' Preferences
复制标题
收入再分配对总消费的影响与消费者偏好的相互依赖
DOI：
10.2307/2551060
复制
发表时间：
1952
期刊：
影响因子：
--
通讯作者：
H. Johnson
中科院分区：
文献类型：
--
作者：
H. Johnson
This article is concerned with the effects of incomeredistribution on the aggregate propensity to consume, in a society in which individual consumption is assumed to depend not only on the individual's income but also on the consumption of other individuals in the community. While interdependence of consumers' preferences has received increasing attention in recent years, with consequent modifications of accepted theoretical conclusions, its implications for the theory of income-redistribution have not so far been adequately investigated.' The purpose of this article is to show that a number of interesting possibilities emerge when it is assumed that consumer preferences are interdependent. The analysis which follows is divided into two parts. Section i below deals with the general case of income-redistribution in an n-person community; Section II illustrates the conclusions by reference to a community of three persons, who may be taken to represent social classes. Since the analysis of the first section is rather mathematical, readers interested in the conclusions rather than the methods of arriving at them may prefer to omit this section and proceed directly to Section II. To simplify the problem, we make the following assumptions:
