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Recessions and expansions are often caused or reinforced by developments in private consumption - the largest component of aggregate demand - which, as a result, varies over the business cycle. As such, an accurate measurement of the cyclical component of consumption and an understanding of its...
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distribution. The conventional method of analysis is regression of summary inequality indices on variables such as the unemployment …
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distribution. The conventional method of analysis is regression of summary inequality indices on variables such as the unemployment …
Persistent link: https://www.econbiz.de/10013320791
The inequality dataset compiled in the 1990s by the World Bank and extended by the United Nations has been both widely … used and strongly criticized. The criticisms raise questions about conclusions drawn from secondary inequality datasets in … datasets. The result is a new dataset of consistent inequality series, allowing them to explore problems of measurement error …
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