منابع مشابه
Labor Income Uncertainty and Macroeconomics
This is a response to email queries from Larry Christiano about my views on the role of uncertainty, and in particular unemployment risk, in business cycle fluctuations.
متن کاملMacroeconomics, Human Development, and Distribution
Policies designed to pursue an equity-led macroeconomic growth strategy must take into account feedback effects, with distribution itself influencing macroeconomic outcomes. Under the right conditions, a more equitable distribution of income and opportunities in the form of human development can be a stimulus to growth, funding further investments in human development. Developing the policies t...
متن کاملThe World Income Distribution
We show that even in the absence of diminishing returns in production and technological spillovers, international trade leads to a stable world income distribution. This is because specialization and trade introduce de facto diminishing returns: countries that accumulate capital faster than average experience declining export prices, depressing the rate of return to capital and discouraging fur...
متن کاملIncome Distribution and Development
This paper is a review of the post-war literature on income distribution and development. It argues that the literature has cycled from one consensus to another, responding to emerging policy issues and new analysis. On the basis of the review, the paper identifies five areas that will command the attention of analysts in the coming two decades: ((i) country case studies rather than cross-count...
متن کاملUnemployment and Income Distribution
Unemployment is widely regarded as the foremost economic problem currently facing the Australian economy. Among its many evils, high unemployment – especially long-term unemployment – has become a major source of poverty. The unemployed have now replaced the aged as the predominant group in poverty in Australia (King 1997). It also contributes to the rising levels of anxiety about the increasin...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2014
ISSN: 1556-5068
DOI: 10.2139/ssrn.2445975