Aggregate Income


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Aggregate Income

The total income earned by all persons and companies in a country or region. The aggregate income generally does not adjust for inflation, debt, taxes, or other things. There are a number of ways to measure aggregate income, but GDP is one of the best known and most widely used.
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The only exception is the Southwest, where the aggregate income shock has a statistically significant effect six years after the shock.
In addition to aggregate income uncertainty, individuals must contend with income variations that are specific to their situation.
In this paper we propose that the unemployment rate is an important measure of aggregate income uncertainty for a significant proportion of the population.
(iii) Sufficiently high tax rates induce aggregate income and employment fluctuations, but income and employment averaged over the cycle may be higher than when tax rates and government spending are lower.
Only certain components of aggregate income fluctuations, such as corporate dividends, are easily hedgable and diversifiable today; the bulk of national incomes is not represented in any financial markets.
Gerdtham and Jonsson, using data from 1985, find aggregate income elasticity is significantly greater than 1.0.
The last two rows of the table show Gini coefficients for aggregate income, the last rows being based on the weighted sums of factor Ginis.
MUSCAT, Jan 1 (KUNA) -- Oman announced on Tuesday that projected aggregate income of the 2019 state budget, based on the USD 58 per barrel oil price, amounted to 10.1 billion rials.
In January-September 2018, the income of employees increased by 22.2% and amounted to 30.8% of the total aggregate income of the population.
While the aggregate income may be increasing per year, it says absolutely nothing about the disaggregated real or disposable income, the one which is left after adjusting for inflation and other liabilities.
Next, to find the aggregate income for each NTEE group, and which group has the largest income, repeat the same process with the "Income" field.
Therefore, any policy that increases aggregate income must be good for society, because it can make some people richer without leaving anyone worse off.

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