effective demand. The first part of the article deals with his theory of prices and distribution, and shows that, although his … effective demand and his theory of prices. According to Malthus, natural prices are the condition of reproduction of the economy …This article restates the essential link existing between Malthus' theory of prices and distribution, and his theory of …

consumers' behavior theory and the demand definition of mainstream economics and finds that these definitions are different and … demand definitions of consumers' behavior theory and mainstream teaching materials are all wrong. This paper redefines the … demand and analyzes the difference between the demand definition of this paper and that of consumers' behavior theory and …

the risk that arises when investors do not have perfect information about the wealth distribution, and, as a result …, cannot forecast prices accurately. To take into account this risk, investors plan their consumption for all realisations of … an additional demand for dynamic trading, so that passive investment strategies are no longer optimal. Our results also …

it is exogenous demand shock for the Hong Kong stocks market and thus provides a unique opportunity to test whether the … demand curves for stocks are downward sloping. We find a positive relationship between abnormal returns and demand shocks …, implying downward-sloping demand curves for stocks in short-run. Over time the demand flattens, and the positive relationship …

Aggregate housing demand shocks are an important source of house price fluctuations in the standard macroeconomic …-rent puzzle”). We build a tractable heterogeneous-agent model that provides a microeconomic foundation for housing demand shocks …

We study the pricing response of U.S. supermarkets to large demand shocks triggered by labor conflicts, mass population … relocation, and shopping sprees around major snowstorms and hurricanes. Our focus on demand shocks is novel in the empirical … large swings in demand have, at best, modest effects on the level of retail prices, consistent with flat short- to medium …

This study analyzes the impact of supply and demand shocks on income and price inequality in the economy using data … from Korea. First, supply and demand shocks are identified from output and price data in Korea using the methods found in … demand shocks significantly worsen the income distribution. It is estimated that the effect of the demand shock is long …