Demand Composition and Income Distribution /

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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Pothier, David
مؤلفون آخرون: Puy, Damien
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2014.
سلاسل:IMF Working Papers; Working Paper ; No. 2014/224
الوصول للمادة أونلاين:Full text available on IMF