This paper explores the effect of income inequality on the real exchange rate, through two general equilibrium channels: (i) the aggregation of individual demands derived from non-homothetic preferences; (ii) the workings of Samuelson-Balassa through the effect of inequality on the aggregation of human capital. A variety of effects are possible depending on the sectoral expenditure elasticities...

Survey data on physician income and work patterns are examined and compared for 1975 and 1983-84. Specialty, hours and weeks worked, location, practice size, and incorporation status are examined. Dollar figures for 1975 are adjusted to show real-dollar income changes over the period. Incomes for surgical specialties were highest. In real-dollar terms, nonsurgical specialties exhibited sluggish...

This paper examines the phenomenon of real-income stagnation (in which realincome growth is negligible or negative for a sizable uninterrupted sequence of years). It analyzes data for four decades from a large cross-section of countries. Real income stagnation is a conceptually distinct phenomenon from low average growth and other features of the growth sequence that have been held to be of int...

This paper considers the relationship between government growth and real GDP per capita by developing models of federal legislative output in Australia since 1901. Growth in legislation is found to be negatively related to growth in real income per capita in the short-run, implying that legislation responds to temporary economic shocks, but without a robust long-run relationship with the level ...

among the food products, grains play an important role in the consumption patterns of people, especially in the developing countries. since iran's main source of public dietary energy comes directly from grains, investigating and identifying the determinants of import of these products can be an important step towards food security. most experimental studies consider import of grains as only a ...