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) the systemic exploitation of inequality via novel and toxic forms of securitisation. In effect, the power structure of … insiders' capitalism that we describe, through the costless appropriation of an intricate cobweb of Call-Put structures, has … two sides of the Warrant Economics coin. We argue that the Warrant Economics state of capitalism has been legitimised by a …
Persistent link: https://www.econbiz.de/10009488633
In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and disclose the dramatic upward trend in...
Persistent link: https://www.econbiz.de/10009562971
Persistent link: https://www.econbiz.de/10000914347
In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution in the US over the 1968-2014 period. We show that the labour share is affected negatively by personal inequality, capital intensity and...
Persistent link: https://www.econbiz.de/10011756104
Persistent link: https://www.econbiz.de/10011765260
Persistent link: https://www.econbiz.de/10011754334
households are engaging in financial intensification in order to stretch their purchasing power in the property market, and …
Persistent link: https://www.econbiz.de/10014427487
Europe's power system is still marked by a distinct national component, and despite some regions with strongly … integrated power systems, electricity supply today still has a largely national basis. Policies to decarbonise the power sector … may fundamentally alter this situation, because power generation from renewable, carbon-neutral sources may require large …
Persistent link: https://www.econbiz.de/10010532121
This paper focuses on technologies which use thermo-chemical or biochemical processes to convert biomass into electricity. We present the results from an expert elicitation exercise involving sixteen leading experts coming from different EU Member States. Aim of the elicitation was to assess the...
Persistent link: https://www.econbiz.de/10009714384
Control power (regulating power, balancing power) is used to quickly restore the supply-demand balance in power systems …. Variable renewable energy sources (VRE) such as wind and solar power are often thought to increase the reserve requirement … load, contracted control power decreased by 20%, and procurement cost fell by 50%. Today, control power adds only 0.4% to …
Persistent link: https://www.econbiz.de/10009756296