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After presenting some casual evidence about the difference between economists and the rest of the population, first the … presented where the citizens decided against recommendations of most economists. But what is so particular in economic theory … respect to the normative convictions of economists. The paper concludes with possible consequences which economists might draw. …
Persistent link: https://www.econbiz.de/10005766201
Alphabetic name ordering on multi-authored academic papers, which is the convention in the economics discipline and various other disciplines, is to the advantage of people whose last name initials are placed early in the alphabet. As it turns out, Professor A, who has been a first author more...
Persistent link: https://www.econbiz.de/10005766276
Most professional economists believe that economists in general are more selfish than other persons and that this … particular behavior of economists can be explained by a selection effect. …
Persistent link: https://www.econbiz.de/10005405815
Academic economists today are caught in a “Publication Impossibility Theorem System” or PITS. To further their careers …
Persistent link: https://www.econbiz.de/10005051495
find that the tax–transfer scheme positively affects growth while simultaneously reducing wealth inequality in the economy …
Persistent link: https://www.econbiz.de/10010551014
The effect of a permanent change of inflation on the distribution of wealth is analyzed in a general equilibrium OLG … of inflation results in a lower stock market participation rate; in addition, the distribution of wealth becomes more …
Persistent link: https://www.econbiz.de/10005765683
In our dynamic optimizing sticky price model, agents are heterogeneous with regard to their age and their productivity. We find that the business cycle dynamics in the OLG model in response to both a technology shock and a monetary shock are similar, but not completely identical to those found...
Persistent link: https://www.econbiz.de/10005094475
consumption, aggregate wealth, and labour income should predict both stock returns and housing returns. We use quarterly data for … wealth held in the form of housing (i.e., when stock and housing assets are substitutes), then they will temporarily reduce …
Persistent link: https://www.econbiz.de/10009325810
deviations from the common trend among consumption, aggregate wealth, and labour income, cay, and focus on the implications for …
Persistent link: https://www.econbiz.de/10009352230
Little research exists on the historical relationship between BMI variation, wealth, and inequality. This study finds … BMIs and average state-level wealth, and an inverse relationship between BMI and wealth inequality. After controlling for … wealth and inequality, rural agricultural farmers had greater BMI values than their urban counterparts in other occupations. …
Persistent link: https://www.econbiz.de/10008833904