Understanding the relationship between income inequality and economic growth is of utmost importance to economists and … between inequality and growth via growth and inequality shocks for two large economies, China and the USA, for the years 1979 …- 2018. We find that a growth shock is inequality-increasing, and an inequality shock is growthreducing. We also find …

Understanding the relationship between income inequality and economic growth is of utmost importance to economists and … between inequality and growth via growth and inequality shocks for two large economies, China and the USA, for the years 1979 …- 2018. We find that a growth shock is inequality-increasing, and an inequality shock is growthreducing. We also find …

business cycles are asymmetric and resemble mini "disasters." By this we mean that growth is pervasively fat-tailed and non … peacetime sample, we develop a tractable local projection framework to estimate consumption growth paths for normal and … sacrifice more than 10 percent of consumption to avoid such cyclical fluctuations. …

business cycles are asymmetric and resemble mini "disasters." By this we mean that growth is pervasively fat-tailed and non … peacetime sample, we develop a tractable local projection framework to estimate consumption growth paths for normal and … sacrifice more than 10 percent of consumption to avoid such cyclical fluctuations. …

Business cycle synchronization is a useful framework for analyzing the transmission of economic fluctuations. This work … synchronization. It identifies and estimates the link between GDP fluctuations in the USA and the EU-15. In particular, it shows that … there is a strong relationship between GDP fluctuations in the USA and the EU-15 in the 1960–2011 time span, which fully …