Equilibrium unemployment-inequality correlation

dc.contributor.affiliationFGV
dc.contributor.authorCysne, Rubens Penha
dc.contributor.authorTurchick, David
dc.date.accessioned2018-05-10T13:36:11Z
dc.date.available2018-05-10T13:36:11Z
dc.date.issued2012-06
dc.descriptionConteúdo online de acesso restrito pelo editorpor
dc.description.abstractA vast empirical literature implies that increases in unemployment have an aggravating impact on income inequality, whence international and intertemporal inequality comparisons might be sometimes biased. We show how job-search models can be useful in better understanding this fact. In fact, in the classic Burdett and Mortensen (1998) model, as well as in one of its many possible extensions (Bontemps et al., 2000), search frictions are a force pushing the unemployment-inequality correlation in that direction: provided that the unemployment rate is no larger than 15%, a positive correlation between unemployment and inequality unequivocally emerges. (C) 2012 Elsevier Inc. All rights reserved.eng
dc.format.extentp. 454-469
dc.identifierhttp://dx.doi.org/10.1016/j.jmacro.2011.12.009
dc.identifier.WoS000305493400016
dc.identifier.doi10.1016/j.jmacro.2011.12.009
dc.identifier.issn0165-1765 / 1873-7374
dc.identifier.urihttps://hdl.handle.net/10438/23267
dc.language.isoeng
dc.publisherLouisiana State Univ Preng
dc.relation.ispartofseriesJournal of macroeconomicseng
dc.rights.accessRightsrestrictedAccesseng
dc.sourceWeb of Science
dc.subjectUnemploymenteng
dc.subjectIncome inequalityeng
dc.subjectGini coefficienteng
dc.subjectJob searcheng
dc.subject.areaEconomiapor
dc.subject.bibliodataDesempregopor
dc.subject.bibliodataGini, Coeficiente depor
dc.titleEquilibrium unemployment-inequality correlationeng
dc.typeArticle (Journal/Review)eng
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