G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7589
DP7589 Does Terrorism Work?
Eric Gould; Esteban Klor
发表日期2009-12-06
出版年2009
语种英语
摘要This paper provides an introduction to the special issue of the Review of Economic Dynamics on "Cross Sectional Facts for Macroeconomists''. The issue documents, for nine countries, the level and the evolution, over time and over the life cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After describing the motivation and the common methodology underlying this empirical project, we discuss selected results, with an emphasis on cross-country comparisons. Most, but not all, countries experienced substantial increases in wages and earnings inequality, over the last three decades. While the trend in the skill premium differed widely across countries, the experience premium rose and the gender premium fell virtually everywhere. At a higher frequency, earnings inequality appears to be strongly counter-cyclical. In all countries, government redistribution through taxes and transfers reduced the level, the trend and the cyclical fluctuations in income inequality. The rise in income inequality was stronger at the bottom of the distribution. Consumption inequality increased less than disposable income inequality, and tracked the latter much more closely at the top than at the bottom of the distribution. Measuring the age-profile of inequality is challenging because of the interplay of time and cohort effects.
主题International Macroeconomics ; Public Economics
关键词Wages Income Consumption Wealth Long-run trends in inequality
URLhttps://cepr.org/publications/dp7589
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/536426
推荐引用方式
GB/T 7714
Eric Gould,Esteban Klor. DP7589 Does Terrorism Work?. 2009.
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