Income distribution and macroeconomics in Colombia

Javier Birchenall

Journal of Income Distribution, 2007, vol. 16, issue 2, 6-24

Abstract: This paper studies the relation between macroeconomic variables and the distribution of income in Colombia. We relate the dynamics of aggregate economic variables with the cross-section of disaggregate income to determine the transmission and propagation mechanisms of aggregate shocks. The most important finding is a strong negative effect of inflation rates on the distribution of income by education groups and productive sectors.

Keywords: income distribution; business cycles; index models (search for similar items in EconPapers)
JEL-codes: D31 E32 O12 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (12)

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