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Macroeconomic Fluctuations and the Lorenz Curve [PDF]
, 1972 In this paper, a new method is forwarded of estimating the effect of short-run macroeconomic fluctuations on concentration in the size distribution of personal income. In particular, the impacts of changes in unemployment and participation rates and in the level of wage and salary income upon the shape of a Lorenz curve are analysed for each of three ...
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