Inequality and the Business Cycle

Howard Sherman and Paul Sherman

Challenge, 2015, vol. 58, issue 1, 51-63

Abstract: Many economists now believe that rising income inequality can contribute to slow growth. Howard Sherman and Paul Sherman argue that, though little noticed, inequality rises during cyclical upturns. The lack of income in turn sows the seeds of the next recession.

Date: 2015
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DOI: 10.1080/01603477.2015.992282

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