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Business cycle fluctuations and private savings in OECD countries : a panel data analysis
Adema, Yvonne; Pozzi, Lorenzo - 2012
Persistent link: https://www.econbiz.de/10009724306
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Pension fund restoration policy in general equilibrium
Kastelein, Pim B.; Romp, Ward E. - 2018 - Revision: June 28, 2018
When the financial positions of pension funds worsen, regulations prescribe that pension funds reduce the gap between their assets (invested contributions) and their liabilities (accumulated pension promises). This paper quantifies the business cycle effects and distributional implications of...
Persistent link: https://www.econbiz.de/10011869913
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National and international income dispersion and aggregate expenditures
Fillat Castejón, Carmen; Francois, Joseph F. - 2004
We examine linkages between aggregate household income, distribution of that income, and aggregate cross-country expenditure patterns. We are able to decompose income effects into international income dispersion effects (from variations in average income) and national income dispersion (income...
Persistent link: https://www.econbiz.de/10011338007
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Top incomes, rising inequality, and welfare
Lansing, Kevin J.; Markiewicz, Agnieszka - 2012
Persistent link: https://www.econbiz.de/10009724349
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Income inequality and stock market returns
Markiewicz, Agnieszka; Raciborski, Rafal - 2018
In this paper, we study the relationship between income inequality and stock market returns. We develop a quantitative general equilibrium model that links shifts in both labour and capital income inequality to stock market variables. An increase of the share of capital owners' income from risky...
Persistent link: https://www.econbiz.de/10011916413
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National and international income dispersion and aggregate expenditures
Fillat Castejón, Carmen; Francois, Joseph F. - 2004
Persistent link: https://www.econbiz.de/10002200723
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Growth and inequality : a meta-analysis
Dominicis, Laura de; Groot, Henri L. F. de; Florax, … - 2006
In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and … part of the literature that considers inequality detrimental to growth, more recent studies have challenged this result and … found a positive effect of inequality on growth. This paper contributes to the debate by using meta-analytical techniques to …
Persistent link: https://www.econbiz.de/10011349190
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Lobbying on entry
Perotti, Enrico C.; Volpin, Paolo - 2004
growth opportunities. Also,higher accountability and lower income inequality are associated with more ef-fective legal …
Persistent link: https://www.econbiz.de/10011338011
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Education, growth and income inequality
Teulings, Coen N.; Rens, Thijs van - 2003 - This version: February 2003
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...
Persistent link: https://www.econbiz.de/10011325967
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Investment under risk with discrete and continuous assets
Elbers, Chris; Gunning, Jan Willem; Vigh, Melinda - 2009
This paper considers a general class of stochastic dynamic choice models with discrete and continuous decision variables. This class contains a variety of models that are useful for modeling intertemporal household decisions under risk. Our examples are drawn from the field of development...
Persistent link: https://www.econbiz.de/10011378329