The aim of this paper is to present a method of examining the effects of macroeconomic variables on the personal distribution of income over time. Given the complexity of the relation between macroeconomic variables and the personal distribution, involving a 'mapping' from just a few variables to a very large number of incomes, it is perhaps not surprising that statistical approaches have usually been taken in which summary measures of the distribution are related to the macroeconomic variables.
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Length: 18 pages Date of creation: 1998 Date of revision: Handle: RePEc:mlb:wpaper:603
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Find related papers by JEL classification: D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation