This study analyzes the impact of supply and demand shocks on income and price inequality in the economy using data … from Korea. First, supply and demand shocks are identified from output and price data in Korea using the methods found in … demand shocks significantly worsen the income distribution. It is estimated that the effect of the demand shock is long …

In this paper we conduct a counterfactual analysis and estimate the quantitative importance of demand and supply … isolate the impact of capital-skill complementarity (i.e., demand effects) and varying skill-specific labor supply (i …

consumption-pattern based inequality index that summarizes the projection of inequality through expenditure patterns. Estimation … of flexible demand systems with representative expenditures (which reflects income distribution within countries) yields … a significant relationship between representative consumption and cross-country demand patterns. …

of their practical importance for the measurement of inequality and poverty, a large number of methods for the estimation … inequality and poverty. We conclude that differences in estimation methods for equivalence scales might be less important than …