Imperial College London
Alternate

ProfessorRustamIbragimov

Business School

Professor of Finance and Econometrics
 
 
 
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Contact

 

+44 (0)20 7594 9344i.rustam Website CV

 
 
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Location

 

40953 Prince's GateSouth Kensington Campus

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Summary

 

Publications

Citation

BibTex format

@article{Ibragimov:2018:10.1007/s00199-017-1037-0,
author = {Ibragimov, M and Ibragimov, R and Kattuman, P and Ma, J},
doi = {10.1007/s00199-017-1037-0},
journal = {Economic Theory},
pages = {729--750},
title = {Income inequality and price elasticity of market demand: the case of crossing Lorenz curves},
url = {http://dx.doi.org/10.1007/s00199-017-1037-0},
volume = {65},
year = {2018}
}
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RIS format (EndNote, RefMan)

TY  - JOUR
AB  - This paper extends Ibragimov and Ibragimov (Econ Theory 32:579–587,2007) in which the effect of changes income inequality on the price elasticity ofmarket demand is characterized for the class of income distribution changes occurringthrough non-intersecting Lorenz curve shifts. We derive sufficient conditionsfor increase/decrease in price elasticity of market demand, under general changes inincome distribution, allowing Lorenz curves to intersect as they shift. We conclude bydrawing out implications of different types of tax policy changes for demand elasticity.
AU  - Ibragimov,M
AU  - Ibragimov,R
AU  - Kattuman,P
AU  - Ma,J
DO  - 10.1007/s00199-017-1037-0
EP  - 750
PY  - 2018///
SN  - 0938-2259
SP  - 729
TI  - Income inequality and price elasticity of market demand: the case of crossing Lorenz curves
T2  - Economic Theory
UR  - http://dx.doi.org/10.1007/s00199-017-1037-0
UR  - http://hdl.handle.net/10044/1/54012
VL  - 65
ER  -
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