CHAPTER TWELVE. Hierarchic Preferences

Chapters in this book

1. Frontmatter i
2. Contents v
3. Introduction ix
4. Part One. Aggregate Growth and Individual Savings
5. CHAPTER ONE. Production and Distribution of Income in a Market Economy 3
6. CHAPTER TWO. Exogenous Savings Propensities 14
7. CHAPTER THREE. Optimal Savings 28
8. CHAPTER FOUR. Factor Income Distribution 51
9. CHAPTER FIVE. Savings and Distribution with Finite Horizons 88
10. CHAPTER SIX. Factor Shares and Taxation in the OLG Model 127
11. Part Two. Financial Market Imperfections
12. CHAPTER SEVEN. Investment Opportunities and the Allocation of Savings 147
13. CHAPTER EIGHT. Risk and Financial Markets 180
14. CHAPTER NINE. Uninsurable Income Shocks 204
15. Part Three. Many Goods
16. CHAPTER TEN. Distribution and Market Power 241
17. CHAPTER ELEVEN. Indivisible Goods and the Composition of Demand 266
18. CHAPTER TWELVE. Hierarchic Preferences 302
19. CHAPTER THIRTEEN. Dynamic Interactions of Demand and Supply 321
20. Solutions to Exercises 339
21. References 399
22. Index 419