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Interrelationship between social and economic policies in the sphere of household income and consumption and macroeconomic dynamics
Authors:A V Suvorov  V N Ivanov  G M Sukhorukova
Institution:1.Institute of Economic Forecasting,Russian Academy of Sciences,Moscow,Russia
Abstract:This article presents a conceptual scheme of the impact made on the economic development by the social and economic policies in the field of household income and consumption. A set of tools is presented for taking into account the multiplicative effects of social and economic policies. The interrelationships are studied between the dynamics in wages and prices and the parameters of the macroeconomic technology with an allowance for the principles of economic equilibrium.
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