9781288734023 - international finance discussion papers: income inequality and macroeconomic fluctuations von iyigun, murat f; owen, ann l (1 Ergebnisse)

Zustand: New. KlappentextWhen per capita income is low, increases in income inequality make macroeconomic cycles less severe. We present a model in which access to credit is based on earnings potential. If low as well as middle income individuals are .