On the Modeling of the Income Distribution Business Cycle Dynamics

Empirically, the income share is procyclical for the low-income groups and acyclical for the top 5%. We find that business cycle models should consider overlapping generations and elastic labor supply in order to replicate this finding

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Year of publication:	[2007]
Authors:	Heer, Burkhard
Publisher:	[2007]: [S.l.] : SSRN
Subject:	Einkommensverteilung \| Income distribution \| Theorie \| Theory \| Konjunktur \| Business cycle \| Schätzung \| Estimation \| Dynamisches Gleichgewicht \| Dynamic equilibrium

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Extent:	1 Online-Ressource (18 p)
Series:	CESifo Working Paper Series ; No. 1945
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 2007 erstellt
Other identifiers:	10.2139/ssrn.976583 [DOI]
Classification:	C68 - Computable General Equilibrium Models ; D31 - Personal Income, Wealth and Their Distributions ; E32 - Business Fluctuations; Cycles
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012777297