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The role of privately held firms in income inequality
Paukkeri, Tuuli; Ravaska, Terhi; Riihelä, Marja - 2023
typically invisible in income data, distorting our understanding of the extent of income inequality. A recent strand of research … has illustrated the importance of accounting for retained earnings for measuring inequality. In this paper, we study the … role of privately held firms in income inequality in Finland, including the role of retained earnings, but also taking a …
Persistent link: https://www.econbiz.de/10014487348
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Natural disasters and demand for redistribution : lessons from an earthquake
Gualtieri, Giovanni; Nicolini, Marcella; Sabatini, Fabio; … - 2018
The literature shows that when a society believes that wealth is determined by random "luck" rather than by merit, it demands more redistribution. Adverse shocks, like earthquakes, strengthen the belief that random "bad luck" can frustrate the outcomes achieved with merit. We theoretically...
Persistent link: https://www.econbiz.de/10011850250
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Citation success over time : theory or empirics?
Johnston, David; Piatti, Marco; Torgler, Benno - 2012
This study investigates the citation patterns of theoretical and empirical papers over a period of almost 30 years, while also exploring the determinants of citation success. The results indicate that empirical papers attract more citation success than theoretical studies. However, the pattern...
Persistent link: https://www.econbiz.de/10009575963
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Industrial clusters and economic performance in Brazil
Pires, José Claudio Linhares; Cravo, Túlio; Lodato, Simon - 2013
Industrial clusters, which are commonly targeted to receive financial support allocated to locally based development projects, are seen as an effective industrial policy tool for improving productivity and generating employment. Nevertheless, identifying clusters and assessing their economic...
Persistent link: https://www.econbiz.de/10011286278
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Beyond GDP : modelling labour supply as a "free time" trade-off in a multiregional optimal growth model
Bosetti, Valentina; Ghersi, Frédéric - 2012
In this paper we develop the standard utility function of a Ramsey-type optimal growth model to account for a "market-time" vs. "free-time" trade-off. To do so, we introduce a free-time preference coefficient that measures the utility gained by deviating from a maximum labour supply defined as...
Persistent link: https://www.econbiz.de/10009565539
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A measure to compare matchings in marriage markets
Biermann, Florian M. - 2011
In matching markets the number of blocking pairs is often used as a criterion to compare matchings. We argue that this criterion is lacking an economic interpretation: In many circumstances it will neither reflect the expected extent of partner changes, nor will it capture the satisfaction of...
Persistent link: https://www.econbiz.de/10009126070
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The Latin American middle class : fragile after all?
Castellani, Francesca; Parent, Gwenn; Zentero, Jannet - 2014
This paper joins in the debate on the size of the middle class in Latin America, providing an analysis of its structure and characteristics. Using several measurements, it finds that 40-60 percent of Latin American households are middle class, a share which has consolidated over the past decade....
Persistent link: https://www.econbiz.de/10011289501
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Saving and wealth inequality
De Nardi, Mariacristina; Fella, Giulio - 2017
Why are some people wealth rich while others are poor? To what extent can governments affect inequality? Which … wealth inequality can help us to understand and quantify the determinants of the outcomes that we observe in the data and to … medical-expense risk are crucial determinants of savings and wealth inequality and that we need to look at more data to …
Persistent link: https://www.econbiz.de/10011671879
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Preferences for redistribution in Latin America
Busso, Matias; Ibáñez, Ana María; Messina, Julián; … - 2023
inequality, values, and the relationship between citizens and the public sphere in shaping attitudes to redistribution are …
Persistent link: https://www.econbiz.de/10014545253
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Household Finance and Consumption Survey in Malta : main results from the fourth wave
Antonaroli, Valentina; Deguara, Warren; Muscat, Aleandra - 2023
This article summarizes the main findings from the fourth wave of the Household Finance and Consumption Survey (HFCS) for Malta. The HFCS is part of a co-ordinated research project led by the European Central Bank and involves national central banks of all euro area countries and selected...
Persistent link: https://www.econbiz.de/10014296471