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Income Distribution Essays

Understanding Elasticities in the Context of Post-COVID Inflation Dynamics

Introduction This review reveals the complex relationship between economic elasticity concepts, described in Chapter 3 of the course material Quantitative Demand Analysis, and their application to scientific work “Understanding Post-COVID Inflation Dynamics” by Martín Harding, Jesper Lindé, and Mathias Trabandt. In economics, three main quantitative tools are elasticities – own price elasticity of demand, cross-price ... Read More
Pages: 3       Words: 613

The Impact of Economic Reforms on Class Dynamics in Contemporary China

Abstract Significant changes have been brought about in China’s socioeconomic environment due to the country’s rapid economic expansion, which extensive economic reforms have driven. Through the lens of Marxist Political Economies, this study conducts an in-depth investigation into how these shifts have influenced the emergence of social classes in contemporary China. Through the utilization of ... Read More
Pages: 8       Words: 2136
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