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1. A Appendix: Complete Model This appendix completes the description of the model. The behavioural equations presented hereafter are taken from the parent models Caiani et al. (2016) and Caiani et al. (2019), although slight modification are introduced in order to accommodate for service firms.
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48. The Increase in Income Cyclicality of High-Income Households and Its Relation to the Rise in Top Income Shares. (2010). Parker, Jonathan ; Vissing-Jorgensen, Annette.
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49. The Rise of US Earnings Inequality: Does the Cycle Drive the Trend?. (). Violante, Giovanni ; Perri, Fabrizio ; Heathcote, Jonathan.
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