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Handbook of Income Distribution by Francois Bourguignon, Anthony B. Atkinson

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Chapter 14

Inequality in Macroeconomics

Vincenzo Quadrini*; José-Víctor Ríos-Rull    * University of Southern California, CEPR, Los Angeles, CA, USA University of Minnesota, Federal Reserve Bank of Minneapolis, CAERP, CEPR, NBER, Minneapolis, MN, USA

Abstract

We revise some of the main ways in which the study of aggregate performance of an economy overlaps with the study of inequality.

Keywords

Macromodels of inequality

Inequality dynamics

Inequality and financial markets

Political economy of inequality

JEL Classification Codes

E2

D31

B22

In a handbook devoted to income distribution, a chapter devoted to macroeconomics should start by clarifying the role of macroeconomics. Two of the main concerns about macroeconomics are aggregation and ...

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