Demand Composition And Income Distribution
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Demand Composition And Income Distribution
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Author : David Pothier
language : en
Publisher: International Monetary Fund
Release Date : 2014-12-15
Demand Composition And Income Distribution written by David Pothier and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-15 with Business & Economics categories.
This paper highlights how changes in the composition of demand affect income dispersion in the short run. We first document how the share of aggregate spending dedicated to labour-intensive goods and services shrinks (expands) during downturns (booms), and argue that this contributes to the observed pro-cyclicality of employment and output in labour-intensive industries. Using a two-sector general equilibrium model, we then assess how this demand composition channel influences the cyclical properties of the income distribution. Consistent with empirical evidence, we find income inequality to be countercyclical due to changes in the level of employment and (to a lesser extent) relative factor prices. The model also shows that wealth redistribution policies can potentially involve a trade-off between equality and output, depending on how they affect the composition of aggregate demand.
The Role Of Income Distribution And Demand Composition In Economic Development
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Author : Anandi Mani
language : en
Publisher:
Release Date : 1998
The Role Of Income Distribution And Demand Composition In Economic Development written by Anandi Mani and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Demand (Economic theory) categories.
The Relation Between Final Demand And Income Distribution
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Author : C. Grootaert
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
The Relation Between Final Demand And Income Distribution written by C. Grootaert and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Income Distribution And The Composition Of Final Demand
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Author : Wayne R. Thirsk
language : en
Publisher:
Release Date : 1977
Income Distribution And The Composition Of Final Demand written by Wayne R. Thirsk and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with Business enterprises categories.
Income Distribution Facts Theories Policies
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Author : Jan Pen
language : en
Publisher: New York : Praeger
Release Date : 1971
Income Distribution Facts Theories Policies written by Jan Pen and has been published by New York : Praeger this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971 with Income categories.
Effective Demand And Income Distribution
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Author : Marc Jarsulic
language : en
Publisher: Routledge
Release Date : 2019-03-06
Effective Demand And Income Distribution written by Marc Jarsulic and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-06 with Political Science categories.
Considering ideas from various economic paradigms, namely post-Keynesian, neo-Ricardian, and neo-Marxian, this book discusses the importance of money to Keynes's analysis of effective demand and income distribution. It also considers the connections between relative prices and income distribution.
Income Distribution And The Composition Of Final Demand Some New Findings For Colombia
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Author :
language : en
Publisher:
Release Date : 1977
Income Distribution And The Composition Of Final Demand Some New Findings For Colombia written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with categories.
Working paper on the relationship between consumer expenditure and income distribution in Colombia - shows with the help of an input output model that fiscal income redistribution in favour of low income groups would be reinforced if the latter purchased goods and services exclusively from labour intensive small scale industry. References and statistical tables.
Shopping Demand Composition And Equilibrium Prices
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Author : Lukas Nord
language : en
Publisher:
Release Date : 2022
Shopping Demand Composition And Equilibrium Prices written by Lukas Nord and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
This paper studies the implications of equilibrium interactions between the shopping behavior of heterogeneous households and retailers' price posting. Heterogeneous consumption baskets along the income distribution and higher shopping effort of the poor imply that retailers face different price elasticities depending on their customer base and charge higher markups for goods disproportionately consumed by richer households. First, I formalize this mechanism in a standard model of frictional product markets and derive testable predictions on the shape of price distributions as a function of search effort. Second, I confirm these predictions using supermarket scanner data from the US. Third, I embed the simple framework into a rich incomplete markets model featuring heterogeneous households with non-homothetic preferences as well as endogenous price distributions for multiple varieties. The calibrated model shows that equilibrium interactions between shopping effort, demand composition, and price posting double the contribution of shopping effort to expenditure inequality relative to previous findings. The model also implies that the response of markups to aggregate income shocks crucially depends on the incidence of the shock along the income distribution.
The Changing Distribution Of Income In An Open U S Economy
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Author : J.H. Bergstrand
language : en
Publisher: Elsevier
Release Date : 2015-06-01
The Changing Distribution Of Income In An Open U S Economy written by J.H. Bergstrand and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-01 with Business & Economics categories.
There have been dramatic changes in the distribution of earnings and income in the United States during recent years. This volume presents original papers, contributed by eminent economists, on the measurement and causes of growing income inequality in the U.S. and other major industrialized countries. The first part examines the definition of income, decomposition of earnings into capacity and capacity utilization rates, and alternative methodologies for estimating income and earnings dispersion. The second part investigates theoretically or empirically alternative causes of income inequality: international trade, macroeconomic conditions and policies, technological progress, productivity growth, institutions, demographic labor supply, and sectoral labor demand. In the final part of the volume policy implications and recommendations are discussed. The volume will be valuable for academic departments (economics, political science, sociology); economic policy institutes and Federal Reserve Bank research departments; economists in government.
The New Economics Of Income Distribution
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Author : Friedrich L. Sell
language : en
Publisher: Edward Elgar Publishing
Release Date : 2015-06-29
The New Economics Of Income Distribution written by Friedrich L. Sell and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-29 with Business & Economics categories.
With the increased interest in the role of inequality in modern economies, this timely and original book explores income distribution as an equilibrium phenomenon. Though globalization tends to destroy earlier equilibria within industrialized and devel