Showing 1 - 10 of 119
determining inequality, as tax changes that affect hours of work will affect the distribution of wealth and income, reinforcing or …
Persistent link: https://www.econbiz.de/10008794135
This paper refers to a few recent studies, which have focused on methodological issues related to the estimation of the wage share variations, to compare the evolutions in France and former West Germany since 1970. It is shown that the usual method overestimates the long run drop of wage share...
Persistent link: https://www.econbiz.de/10010750658
-Levy-Solomon microscopic model using the methods of kinetic theory and consists of a linear Boltzmann equation for the wealth distribution of …
Persistent link: https://www.econbiz.de/10008794299
This paper proposes a unified framework for the analysis of inequalities. In contrast to the former literature on inequalities, housing is included as a major determinant of individual saving behavior. Disparities across locations affect individual outcomes in both labor and education markets....
Persistent link: https://www.econbiz.de/10010899866
This paper analyses the problems linked to the implementation of the Equal Labour Income Equalisation (ELIE) scheme proposed by Kolm (2005). It successively studies the influence of uncertainty in the knowledge of individual incomes, the impact of equivalence scales and finally the consequences...
Persistent link: https://www.econbiz.de/10008793731
The 2007/08 financial crisis results in two major problems that issue difficult challenges for the economic theory and …
Persistent link: https://www.econbiz.de/10010898561
Dans cet article, nous étudions empiriquement les déterminants des spreads des obligations souveraines des pays de l'UE vis-à-vis de l'Allemagne entre 2003-2010. Nous abordons deux questions principales. Tout d'abord, nous examinons quelle proportion de la variation des spreads s'explique par...
Persistent link: https://www.econbiz.de/10011026171
Current study aims to provide new empirical evidence on the impact of debt on corporate profitability. This impact can … be explained by three essential theories: signaling theory, tax theory and the agency cost theory. Using panel data … (GMM) econometric technique on three measures of profitability ratio (PROF1, PROF2 and ROA), we show that debt ratio has no …
Persistent link: https://www.econbiz.de/10010899356
a measure of total wealth is above a certain threshold. In particular, a too large initial debt makes financial …
Persistent link: https://www.econbiz.de/10010933802
stabilizing public debt. A public sector of pollution abatement is financed by taxation and by issuing public debt. Considering a … debt-output ratio. …
Persistent link: https://www.econbiz.de/10010933863