As the relative risk of tax income, spending and transfer payments differ, the theoretically appropriate risk-adjusted rates at which to discount these flows would also differ, and so will the impact on generat
Notes As of 2021, GDP per capita in Tajikistan was (current) USD 897.1. Concurrently, 26.3% of the country’s population lived below the national poverty line in 2019. In both cases, the consumption variables are expressed in current prices. I present the distribution of the newly created ...
(1993). Income distribution and macroeconomics. The Review of Economic Studies, 60(1), 35–52. Google Scholar Gama , F., & Parida , V. (2017). Systemic idea generation and organisational capabilities for front end innovation performance in SMEs. Innovation Management. Gama, F., Parida, V...
Income inequality is a prevalent issue in the United States and many other countries, which is why income distribution an important topic in macroeconomics. © BrainMass Inc. brainmass.com May 12, 2025, 2:01 pm ad1c9bdddf Sponsor Your own Educational Article for Placement Here. Click to ...
nominal GDP, the GDP deflator, and why GDP is a useful but not perfect measure of a nation’s well-being. * * * This is the first strictly macro chapter of the textbook, so it’s worth spending a moment emphasizing the difference between microeconomics and macroeconomics. Examples of ...
In this paper, we use tax and household survey data to assess the history of income distribution in Argentina since the beginning of the 20th century. Until the 1970s, the country experienced a fall in inequality in spite of lower income growth. Since th
Using a household dataset from an earlier work, this study finds, using the double-hurdle model with dependent errors, that out-of-pocket health care spending tends to behave like a necessity across the income quintiles, household sizes, and differently for the separately modeled household gender ...
Handbook2016, Handbook of Macroeconomics D. Krueger, ... F. Perri Explore book A Data and Estimation Appendix A.1 Aggregates in PSID and BEA The series for disposable income from the BEA is Disposable Personal Income minus Medicare and Medicaid transfers, which are not reported in the PSID....
Francken (2016), who concluded that education spending does not increase more in resource-rich countries. To sum it up, Gavin and Hausmann (1998) link the widening income inequality gap in natural resource-rich countries to; (i) less labor productivity and wages,(ii) sunk capital, and (...
Giavazzi, F., and M. Pagano. 1990. Can severe fiscal contraction be expansionary? Tales of two small European countries.NBER Macroeconomics Annual5: 75–111. ArticleGoogle Scholar Girouard, N. and C. André. 2005.Measuring cyclically-adjusted budget balances for OECD countries. OECD Economics De...