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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/10012430244
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
Persistent link: https://www.econbiz.de/10014250106
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
Privater Reichtum in Deutschland nimmt zu. Seit Beginn der 1990er Jahre leben immer mehr reiche und sehr reiche Personen in Deutschland. Die Reichen und vor allem die sehr Reichen konnten zudem, anders als der Rest der Bevölkerung, in den letzten Jahrzehnten ihre Einkommens- wie auch ihre...
Persistent link: https://www.econbiz.de/10012297838
We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of … entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship … function of individual wealth while the introduction of start-up costs tends to flatten this relationship. The theoretical …
Persistent link: https://www.econbiz.de/10003609770
Persistent link: https://www.econbiz.de/10003538960
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