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A comparison of the 2007-08 crisis with that of 1929 showed its extreme gravity, but it also may have implied that the old harmful mistakes would not be repeated. After four years, the crisis has not been solved and it even threatens to worsen. Neo-conservative Republicans claim that this is...
Persistent link: https://www.econbiz.de/10011260788
excessive flexibility, resulting in suboptimal growth or even self-sustaining technology-inequality traps. Fourth, I examine how … configurations of technology, inequality and redistributive policy are feasible in the long run, when all three are endogenous. I … show in particular how the diffusion of technology leads to the “exporting” of inequality across borders; and how this, in …
Persistent link: https://www.econbiz.de/10011150123
excessive flexibility, resulting in suboptimal growth or even self-sustaining technology-inequality traps. Fourth, I examine how … configurations of technology, inequality and redistributive policy are feasible in the long run, when all three are endogenous. I … show in particular how the diffusion of technology leads to the “exporting” of inequality across borders; and how this, in …
Persistent link: https://www.econbiz.de/10005435966
average household, an indication that they may reduce inequality in disposable incomes. Such is the case of reducing …
Persistent link: https://www.econbiz.de/10011276721
along with the US for the period 1980-2010. Apart from the contribution of productivity to wages, we take into account the … resulting from a wage bargaining model. We further study the downward rigidities of wages in depth. The findings show that in … steer wages, policy makers can effectively use the replacement rate. …
Persistent link: https://www.econbiz.de/10009151114
Abstract German (English abstract is added below) Arbeitslosigkeit gilt als eines der schwerwiegendsten gesellschaftlichen Probleme unserer Zeit. Doch welche Gründe liegen, trotz der über die Jahre eingeleiteten Maßnahmen zur Bekämpfung der Arbeitslosigkeit, für die anhaltende...
Persistent link: https://www.econbiz.de/10008622251
competitiveness. A comparison of the real purchasing power of net wages reveals a lower income disparity between Austria and CEEs. The …
Persistent link: https://www.econbiz.de/10009131255
inequality and is itself a product of that inequality. The evidence supports a significant and substantial impact of ill … makes to income inequality. Variation in exposure to health risks early in life is a potentially important mechanism through … which health may generate, and possibly sustain, economic inequality. If material advantage can be excercised within the …
Persistent link: https://www.econbiz.de/10011257494
estimate the development in income inequality in Denmark over the last 140 years. The paper breaks new ground in treating the …. We show that income inequality have declined substantially over the last century with an income share for the top 1 per …
Persistent link: https://www.econbiz.de/10010610747
? How do the facts relate to proposed theories about changes in inequality? We present the main inequality trends, in some …-called top income literature and new evidence on wealth concentration. The picture that emerges shows that inequality was … increasing concentration, but in most cases inequality seems to have been relatively constant at a high level in the nineteenth …
Persistent link: https://www.econbiz.de/10010764612