mobility in wage income following life cycle theory observes direction & quantum of movement of workers’ wage relative to their … issue of equality. Stickiness of wage income with respect to parental income leads to persistence of income inequality … some groups are belonging to lower strata of society due to economic and or social discrimination leading to lower income …

This study re-examines the causal relations between money and the two variables, i.e., income and prices. Using annual … causal relations between real money and real income, between nominal money and nominal income, and between nominal money and … prices. The analysis indicates, in general, the long run relationship among money, income, and prices. The analysis further …

In this paper, concepts of income are discussed in view of the purpose of use and the actual circumstances. Main … choices in defining income are presented in a general system. The national accounts is a multi-purpose framework. It should … therefore contain several concepts of income. …