The impact of aggregate fluctuations across the UK income distribution.

In this article, we examine the response of earnings and employment to fluctuations in aggregate economic activity (GDP) across the income distribution. Using data from the UK's Labour Force Survey, we present evidence that aggregate fluctuations have economically significant but heterogeneous impac...

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Bibliographic Details

Published in:	Oxford Economic Papers Vol. 78; no. 3; pp. 687 - 712
Main Authors:	Key, Tomas, Lenney, Jamie
Format:	Article
Published:	Oxford University Press / USA Jul2026
Subjects:	United Kingdom Income distribution Employment Consumption (Economics) Business cycles Household surveys Macroeconomic models Wage theory Gross domestic product
Online Access:	View this record in EBSCOhost