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150128 ||| eng |
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|a 9781451841862
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|a Van Houdt, Patrick
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| 245 |
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|a Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence
|c Patrick Van Houdt
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 1997
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| 300 |
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|a 26 pages
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| 651 |
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4 |
|a United Kingdom
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| 653 |
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|a Active labor market policies
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| 653 |
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|a Distribution: General
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| 653 |
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|a Income
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| 653 |
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|a Labor Economics Policies
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| 653 |
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|a Labour
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| 653 |
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|a Income distribution
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| 653 |
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|a Personal income
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| 653 |
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|a Labor market policy
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| 653 |
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|a Fiscal Policy
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| 653 |
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|a Aggregate Factor Income Distribution
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| 653 |
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|a Personal Income, Wealth, and Their Distributions
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| 653 |
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|a National accounts
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| 653 |
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|a Labor
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| 653 |
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|a Manpower policy
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Economic Growth and Aggregate Productivity: General
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| 653 |
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|a Income inequality
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| 653 |
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|a Income economics
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| 653 |
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|a Fiscal Policies and Behavior of Economic Agents: General
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| 041 |
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7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
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|a IMF Working Papers
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| 028 |
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|a 10.5089/9781451841862.001
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| 856 |
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|u https://elibrary.imf.org/view/journals/001/1997/003/001.1997.issue-003-en.xml?cid=2102-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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| 520 |
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|a Income distribution may be related to fundamentals affecting economic growth and to labor market policies. Noting that inequality is affected by unemployment. This paper presents a model in which labor market policies affect unemployment which in turn affects inequality. The model also includes the effects of changes in per capita income on inequality through the accumulation of physical capital and technological know–how. When a resulting reduced–form relationship is estimated, its explanatory power is surprisingly high: on average, it explains about three quarters of the variation in inequality measures for the OECD countries, and Granger Causality tests confirm the model’s predictions
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