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This paper outlines a theory of dominant money, i.e. the means of payment that determines the money system and monetary policy during a certain epoch. In modern times, there have been three tidal changes in the composition of the money supply with a new type of money on the rise: unregulated...
Persistent link: https://www.econbiz.de/10012844864
Should asset testing be used in means-tested programs? These programs target low-income people, but low income can result not only from low productivity but also from low labor supply. We aim to show that in the asymmetric information environment, there is a positive role for asset testing. We...
Persistent link: https://www.econbiz.de/10013007194
The Carnegie effect (Holtz-Eakin, Joualfaian and Rosen, 1993) refers to the idea that inherited wealth harms recipients …
Persistent link: https://www.econbiz.de/10013022507
Persistent link: https://www.econbiz.de/10011575980
Die vorgelegte Studie analysiert den Einfluß berufsbezogener und persönlicher Wertpräferenzen von erfolgreichen Führungskräften auf den unternehmerischen Erfolg. Der Gegenstand dieser Arbeit ist die Prüfung der zwei konkurrierenden Grundhypothesen: der universalistischen...
Persistent link: https://www.econbiz.de/10001516531
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This paper studies the interaction between labor market integration, the evolution of "work values" and entrepreneurial capital inside minority communities. A simple model of labor market segmentation with ethnic capital and endogenous transmission of cultural values inside the minority group is...
Persistent link: https://www.econbiz.de/10013325357
This paper studies the interaction between labor market integration, the evolution of "work values" and entrepreneurial capital inside minority communities. A simple model of labor market segmentation with ethnic capital and endogenous transmission of cultural values inside the minority group is...
Persistent link: https://www.econbiz.de/10003656905
novel survey data from the top of the wealth distribution, which have been added to the 2019 German Socio-economic Panel … Study. The data include private wealth balance sheets, in particular the value of own private business assets, and a … share of their wealth in their own businesses when they are more willing to take risks. These associations are stronger …
Persistent link: https://www.econbiz.de/10012389043
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