Abstract
In this paper we suggest and analyse an aggregate demand curve with a positively sloped section that derives from negative consumption externalities between groups. Our analysis suggests a new interpretation of the demand pattern for some Veblen-type goods.
| Original language | English |
|---|---|
| Pages (from-to) | 513-519 |
| Number of pages | 7 |
| Journal | Economica |
| Volume | 63 |
| Issue number | 251 |
| DOIs | |
| State | Published - Aug 1996 |