Showing 1 - 10 of 32
This paper examines the long-run determinants of the evolution of top in-come shares. Using a newly assembled panel of 16 developed countries over the entire twentieth century, we find that financial development dis-proportionately boosts top incomes. This effect appears to be particularly...
Persistent link: https://www.econbiz.de/10003571994
Persistent link: https://www.econbiz.de/10001599858
This paper traces the development of Bertil Ohlin's views on issues such as the causes of the depression of the 1930's, policies against the depression, the use of fiscal and monetary policies, and tariffs and public works to stabilize the business cycle. We examine about 80 of his articles on...
Persistent link: https://www.econbiz.de/10009502221
We study the development of wealth concentration in Sweden over 130 years, from the begin-ning of industrialization … concentration was at a historically high level in the agrarian state and that it did not change much during early in-dustrialization …. From World War I up until about 1950, the richest percentile lost ground to the rest of the top wealth decile where …
Persistent link: https://www.econbiz.de/10003572001
Guided by a simple theory of task assignment and time allocation, we investigate the long run response to national differences in tax rates on labor income, payrolls and consumption. The theory implies that higher tax rates reduce work time in the market sector, increase the size of the shadow...
Persistent link: https://www.econbiz.de/10002099742
Persistent link: https://www.econbiz.de/10001486268
A number of cross-country comparisons do not find a robust negative relationship between government size and economic growth. In part this may reflect the prediction in economic theory that a negative relationship should exist primarily for rich countries with large public sectors. In this paper...
Persistent link: https://www.econbiz.de/10009502710
. Unlike in countries involved in WWII, this market was unregulated. The outbreak of World War II heavily depressed prices of …
Persistent link: https://www.econbiz.de/10001638243
Persistent link: https://www.econbiz.de/10001435063
This paper analyses the effects of the Single European Market and Swedish Investment liberalisation on the structure of Swedish multinationals with their EU affiliates. The empirical results suggest that the determinants associated with horizontal and vertical multinationals have become...
Persistent link: https://www.econbiz.de/10001637941