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established by Piketty (2001, 2003). The disappearance of capital income from the income tax base in many countries poses a major … including capital gains to 2010, and the series excluding capital gains to 2008. Second, we derive three homogeneous series by … simulating legislative definitions of capital income prevailing in Germany between 2001 and 2010. For both simulation and the …
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credit more than other banks. However, higher levels of better-quality capital mitigated this effect. Our results suggest …
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We use a newly constructed narrative measure of regulatory bank capital requirement tightening events (Eickmeier et al … decline in inequality at longer horizons, as it cushions the negative effects of the capital requirement tightenings on wages …
Persistent link: https://www.econbiz.de/10011962786
In this paper, substitutional relationships between capital, labour, material, electricity, and fossil fuels in German … the Morishima elasticity of substitution, labour and capital are substitutes in all sectors. Labour is generally a …
Persistent link: https://www.econbiz.de/10013428329
We use the elements of a macroeconomic production function—physical capital, human capital, labor, and technology …, societal norms, and institutions. Religion affects physical capital accumulation by influencing thrift and financial … development. It affects human capital through both religious and secular education. It affects population and labor by influencing …
Persistent link: https://www.econbiz.de/10014495766
1978 to 1990. Using a quadratic cost function, six production factors are distinguished : capital, energy, three types of …
Persistent link: https://www.econbiz.de/10013428202