Can We Really Measure Inequality Across the Business Cycle?

Profile Picture of - Luis Calderon

Luis Calderon

Abstract information

In this video, LUIS CALDERON examines how differences in household income and wealth shape consumption during economic booms and recessions. He presents a new method for combining incomplete U.S. datasets into a high-frequency measure of consumption, income, and wealth. His work shows that households respond very differently across recessions, highlighting why effective economic policy must account for inequality.

DOI:

https://doi.org/10.21036/LTPUB101233

Researcher

Luis Justo Calderon is a 5th-year PhD student in macroeconomics at the University of Bonn. He completed dual undergraduate degrees in finance and economics at Florida International University, after switching from an initial accounting track. Before starting his PhD, he earned a Master’s in Economics at the University of Bonn and worked as a research assistant at briq (now part of IZA) and at the Institute of Macroeconomics and Econometrics.

Institution information

University of Bonn (Rheinische Friedrich-Wilhelms-Universität Bonn)

The University of Bonn is one of Germany’s most prestigious and research-intensive institutions, consistently ranked among the top universities worldwide. Founded in 1818, it is celebrated for its academic excellence, particularly in mathematics and economics, and boasts a record of producing several Nobel Laureates and Fields Medalists. Located in the former German capital, the university is integrated into the city’s historic fabric, offering a vibrant international environment and a diverse range of programs across seven faculties. As a member of the elite U15 group, it remains a global leader in innovation and higher education.
University of Bonn (Rheinische Friedrich-Wilhelms-Universität Bonn)
Cover Photo of - University of Bonn (Rheinische Friedrich-Wilhelms-Universität Bonn)

Original Publication

Distributional dynamics

Book Recommendation

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Ayn Rand

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Citation

Luis Calderon, 

Latest Thinking, 

Can We Really Measure Inequality Across the Business Cycle?, 

https://doi.org/10.21036/LTPUB101233

Credits:

© Luis Calderon 

and Latest Thinking

This work is licensed under CC-BY 4.0