The purpose of this note is to investigate how aggregation of households affects the variation of the index of heterogeneity as recently defined in Hildenbrand and Kneip (1999). We show the degree of heterogeneity of an entire population is at least as high as the smallest degree of heterogeneity of some disjoint subpopulation. We further derive conditions under which aggregation generates heterogeneity. Finally, we show that aggregation weakly generates heterogeneity. Therefore we offer a theoretical framework that helps answering the question how structural properties of aggregate demand are obtained due to aggregation. (This version: March, 2002)
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by University of Dortmund, Department of Economics in its series Discussion Papers in Economics with number
00_05.
For technical questions regarding this item, or to correct its listing, contact: (Eva Borchard) The email address of this maintainer does not seem to be valid anymore. Please ask Eva Borchard to update the entry or send us the correct address..
Related research
Keywords:
This paper has been announced in the following NEP Reports:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)