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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP5575 |
DP5575 On-the-Job Search and Sorting | |
Coen N. Teulings; Pieter A. Gautier; Aico van Vuuren | |
发表日期 | 2006-03-22 |
出版年 | 2006 |
语种 | 英语 |
摘要 | This paper shows that a zero-sum redistribution of wealth within a country can have persistent aggregate effects. Motivated by the case of an unanticipated inflation episode, we consider redistribution shocks that shift resources from old to young households. Aggregate effects arise because there are asymmetries in the reaction of winners and losers to changes in wealth. We focus on two sources of asymmetries: differences in the average age of winners and losers, and differences in their labour force status. |
主题 | International Macroeconomics ; Public Economics |
关键词 | Aggregate effects inflation Redistribution |
URL | https://cepr.org/publications/dp5575 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534428 |
推荐引用方式 GB/T 7714 | Coen N. Teulings,Pieter A. Gautier,Aico van Vuuren. DP5575 On-the-Job Search and Sorting. 2006. |
条目包含的文件 | 条目无相关文件。 |
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