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We study the effects of macroeconomic shocks on several measures of economic inequality obtained from U.S. survey data … macroeconomic shocks on economic inequality depend on the type of shock as well as on the measure of inequality considered …. Contractionary monetary policy shocks increase expenditure and consumption inequality, whereas income and earnings inequality are …
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In Europe differences among countries in the overall change in happiness since the early 1980s have been due chiefly to the generosity of welfare state programs - increasing happiness going with increasing generosity and declining happiness with declining generosity. This is the principal...
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Incidences of rising income inequality in Nigeria have raised questions on its link with globalization. Using quarterly … inequality while that of productivity significantly diminished income inequality in Nigeria in the long run. This study …
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This paper provides estimates of persistence in historical UK data on life expectancy applying fractional integration methods to both an annual series from 1842 to 2019 and a 5-year average from 1543 to 2019. The results indicate that the former exhibits an upward trend and is persistent but...
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