Abstract
For discrete price changes, compensated cross-price effects for two goods need not be equal if the household consumes three or more goods. In this paper I ask whether compensated cross-price effects must have the same sign even if they differ in magnitude. I show that with three or more goods, the answer to this question is ‘no’. For discrete price changes, with more than two goods, the signs of the compensated cross-price effects for two goods can differ depending on which price changes. Hence, the Hicks–Allen definition of complements and substitutes can also differ depending on which price changes. [ABSTRACT FROM AUTHOR] Copyright of Metroeconomica is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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Engler, D., Redei, E., & Kola, I. (1999). The Corticotropin-Release Inhibitory Factor Hypothesis: A Review of the Evidence for the Existence of Inhibitory as Well as Stimulatory Hypophysiotropic Regulation of Adrenocorticotropin Secretion and Biosynthesis*. Endocrine Reviews, 20(4), 460–500. https://doi.org/10.1210/edrv.20.4.0376
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