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...
المؤلف الرئيسي: | |
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مؤلفون آخرون: | |
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 |