Resource title

On the modeling of the income distribution business cycle dynamics

Resource image

image for OpenScout resource :: On the modeling of the income distribution business cycle dynamics

Resource description

Empirically, the income share is procyclical for the low-income groups and acyclical for the top 5%. We find that business cycle models should consider overlapping generations and elastic labor supply in order to replicate this finding.

Resource author

Burkhard Heer

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/25990

Resource license

Adapt according to the presented license agreement and reference the original author.