Shared Prosperity: Paving the Way in Europe and Central Asia - Bussolo, Maurizio; Lopez-Calva, Luis F.
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Shared Prosperity: Paving the Way in Europe and Central Asia proposes a framework that integrates both macroeconomic and microeconomic elements. The macro variables, particularly changes in relative prices, affect income growth differentially along the income distribution; at the same time, the microeconomic distribution of assets at the bottom of the distribution determines the capacity of the bottom 40 to take advantage of the macroeconomic environment and contribute to overall growth.

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Shared Prosperity: Paving the Way in Europe and Central Asia proposes a framework that integrates both macroeconomic and microeconomic elements. The macro variables, particularly changes in relative prices, affect income growth differentially along the income distribution; at the same time, the microeconomic distribution of assets at the bottom of the distribution determines the capacity of the bottom 40 to take advantage of the macroeconomic environment and contribute to overall growth.