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Who pays the price of folly? The business cycle and income and wealth mobility in Spain

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/who-pays-the-price-of-folly-the-business-cycle-and-income-and-wealth-mobility-in-spain_880f797c-en.html
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Spain has experienced a dramatic business cycle, starting with a large construction based boom followed by a long recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data from the Survey of Household Finances over the period 2002 to 2014 to examine the distributions of income...
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