Benassi, Corrado; Chirco, Alessandra; Scrimitore, Marcella - In: Oxford Economic Papers 54 (2002) 4, pp. 584-596
We analyze the effects of income concentration and income dispersion on market demand and its elasticity. We show that, following an increase in income concentration towards the middle (measured by variations in mean preserving spread), the increase in demand faced by firms which serve at the...