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This paper examines the influence of political ideology on economic growth in the French democracy since 1871. It does … robustness of the relationship between ideology and growth and the specific channels through which political ideology affects … promoted equity at the expense of economic growth. It also appears that the main channel through which political ideology has …
Persistent link: https://www.econbiz.de/10009421810
The Great Recession has been hard on recent college graduates, but it has been even harder for black recent college graduates. This report examines the labor-market outcomes of black recent college graduates using the general approach developed by Federal Reserve Bank of New York researchers...
Persistent link: https://www.econbiz.de/10010862301
distribution of risks inside society, the Liberal system wins if the inequality of income is low, and the Beveridgean system wins … if the inequality of income is high. Using a utilitarian criterion, the Beveridgean system always dominates and the …
Persistent link: https://www.econbiz.de/10010533894
-called “left-populist” governments, have failed to effectively reduce inequality in the 2000s and have only benefitted from high …
Persistent link: https://www.econbiz.de/10009359467
factor contributing to the growth in inequality over the past 30 years. …The OECD recently published a lengthy volume examining the causes of rising inequality in most wealthy countries over … the last three decades. This paper examines that study, finding that the OECD misses most of the story of inequality …
Persistent link: https://www.econbiz.de/10010556770
Social Security benefits will have the effect of increasing inequality. …
Persistent link: https://www.econbiz.de/10010556771
On January 1, the maximum amount of annual earnings subject to the Social Security tax – a.k.a. the payroll tax cap – increased to $113,700. Every year, this cap is adjusted to keep up with inflation. Many Americans are not aware that income above the cap is not taxed by Social Security. In...
Persistent link: https://www.econbiz.de/10010604616
The employment effect of the minimum wage is one of the most studied topics in all of economics. This report examines the most recent wave of this research – roughly since 2000 – to determine the best current estimates of the impact of increases in the minimum wage on the employment...
Persistent link: https://www.econbiz.de/10010610401
inequality. We also study the limit value of the discount rate for very long term investments, and the type of information that …
Persistent link: https://www.econbiz.de/10010753976
This paper identifies a number of questions that need to be answered if the growing interest in building investment portfolios of firms that follow socially and environmentally sustainable practices is to be successful in transforming the financial institutions and analysts from a liability to...
Persistent link: https://www.econbiz.de/10010641404