Social Indifference Curves and Aggregate Demand

Hal R. Varian

The Quarterly Journal of Economics, 1984, vol. 99, issue 3, 403-414

Abstract: Suppose that the government maximizes a fixed social welfare function through the use of policy instruments. These instruments may be classical lump sum transfers of wealth or such second-best instruments as commodity taxes, income taxes, etc. Then under certain conditions the aggregate demand behavior for this economy will appear as though it were generated by a single representative consumer.

Date: 1984
References: Add references at CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://hdl.handle.net/10.2307/1885957 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:qjecon:v:99:y:1984:i:3:p:403-414.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

More articles in The Quarterly Journal of Economics from President and Fellows of Harvard College
Bibliographic data for series maintained by Oxford University Press (joanna.bergh@oup.com).