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accessRights:"free"
subject:"Welt"
~accessRights:"restricted"
~person:"Heer, Burkhard"
~source:"econstor"
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On the modeling of the income distribution business cycle dynamics
Heer, Burkhard
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2007
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.
Persistent link: https://www.econbiz.de/10010264090
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