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Título

History-dependent growth incidence: A characterization and an application to the economic crisis in Italy

AutorPalmisano, Flaviana; Van de Gaer, Dirk
Fecha de publicación28-feb-2016
EditorOxford University Press
CitaciónOxford Economic Papers 68(2): 585-603 article gpw002 (2016)
ResumenWe propose a characterization of an aggregate measure of growth that takes into account the initial economic conditions of individuals. Our measure is a weighted average of individuals' income growth with weights that are decreasing with the rank of the individual in the initial income distribution. We apply our theoretical framework to evaluate the growth processes experienced by the Italian population. Even when we correct for the differences in mean income growth, and focus on the distribution of growth only, the 2008-2010 growth process was the worst of the last decade.
Versión del editorhttp://dx.doi.org/10.1093/oep/gpw002
URIhttp://hdl.handle.net/10261/133499
DOI10.1093/oep/gpw002
Identificadoresdoi: 10.1093/oep/gpw002
issn: 1464-3812
Aparece en las colecciones: (IAE) Artículos
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