A Note on Income Inequality and Macro-economic Volatility Levy, Amnon

User activity

Share to:
View the summary of this work
Author
Levy, Amnon
Appears In
Australian Economic Papers
Subjects
Business cycles; Economics; Economic cycles
Summary
Levy, A, A Note on Income Inequality and Macro-economic Volatility, Working Paper 00-08, Department of Economics, University of Wollongong, 2000. Income inequality may influence macro-economic variables by affecting the money multiplier and the trade-off between inflation and output. In an AD-AS model with imperfect foresight income inequality intensifies the volatility of output and inflation rate by increasing the likelihood of oscillations as well as their magnitude. Volatility is, however, moderated when income inequality prolongs the business cycles.
Bookmark
http://trove.nla.gov.au/work/156663
Work ID
156663

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this work

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this work

Add a comment


Show comments and reviews from Amazon users