Income inequality and the business cycle
This paper first examines the relationship between ordinary least squares estimators of consumption and investment for 36 selected countries with their respective Gini indices. The analysis shows that income inequality is consistent with a smaller estimator of consumption and a greater esti...
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| Format: | Article |
| Language: | English |
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Economists' Association of Vojvodina
2015-01-01
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| Series: | Panoeconomicus |
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| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2015/1452-595X1501093S.pdf |