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This paper examines the relationship between inflation and real income in Australia, Canada, Finland, New Zealand … and a vector error correction model (VECM)), we find that the long‐run relationship between inflation and real income is … positively related to real income in the long‐run.  …
Persistent link: https://www.econbiz.de/10014862984
average per capita income of a given region, or country, is the first moment in the distribution of income, but what about the … evolution of the first two moments of the distribution of income, and so does the adjustment for inequality make important … differences in the evolution of average per capita income? The answer to the first two questions is yes, but to the third it is …
Persistent link: https://www.econbiz.de/10014863023
/methodology/approach – The paper uses information on annual personal income for the period 1926‐1999 to present empirical evidence about the …
Persistent link: https://www.econbiz.de/10014863101
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