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Uncertainty in economic growth and inequality

Author

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  • GAO Zhengyuan,

    (Université catholique de louvain)

Abstract

A step to consilience, starting with a deconstruction of the causality of uncertainty that is embedded in the fundamentals of growth and inequality, following a construction of aggregation laws that disclose the invariance principle across heterogeneous individuals, ending with a reconstruction of metric models that yields deeper structural connections via U.S. GDP and income data.

Suggested Citation

  • GAO Zhengyuan,, 2018. "Uncertainty in economic growth and inequality," LIDAM Discussion Papers CORE 2018016, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvco:2018016
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    File URL: https://sites.uclouvain.be/core/publications/coredp/coredp2018.html
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    More about this item

    Keywords

    abstract dynamical economy; infinite divisibility; aggregation; deep parameters; alpha and beta growth;
    All these keywords.

    JEL classification:

    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General

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