G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5575
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
URLhttps://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.
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