Macroeconomic volatility, employment and income distribution

Macroeconomic policy analysis makes little reference to distributive issues, yet this area of policymaking often has major implications for distribution, which generate complex dilemmas between actions which have different impacts on various social groups. It is therefore important to consider the possible distributive impacts of the different tools of macroeconomic policy, such as the management of monetary aggregates, the level and composition of public spending, or the proportion of revenue obtained from different types of taxation.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions