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This book aims to showcase and advance recent debates over the extent to which undergraduate macroeconomics teaching models adequately reflect the latest developments in the field. It contains 16 essays on topics including the 3-equation New Consensus model, extensions and alternatives to this...
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Inequality in South Africa is the enduring legacy of racial discrimination. We use a dynamic perspective to show the … reducing inequality. We present a machine-learning analysis based on household survey data in the Post-Apartheid Labour Market … behaviour of variables related to labour market status, and labour income inequality. The empirical investigation covers the …
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wages tend to increase (i) unemployment, (ii) functional income inequality, and (iii) personal income inequality. We further …
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