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Author: | Doepke, M. Schneider, M. |
Title: | Aggregate implications of wealth redistribution: the case of inflation |
Journal: | Journal of the European Economic Association
2006 : MAY, VOL. 4:2-3, p. 493-502 |
Index terms: | distribution wealth |
Freeterms: | households labor force status |
Language: | eng |
Abstract: | This paper discusse zero-sum distribution of wealt and that it can lead to a substantial redistribution of wealth within the population of a country. The authors state that aggregate effects arise because there are asymmetries in the reaction of winners and losers, and differences in their labor force status |
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