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On the consequences of demographic change for rates of returns to capital, and the distribution of wealth and welfare
Krueger, Dirk; Ludwig, Alexander - Center for Financial Studies - 2006
world-wide rates of return, international capital flows and the distribution of wealth and welfare in the OECD. We find that …
Persistent link: https://www.econbiz.de/10010986497
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Finance-dominated capitalism and income distribution: a Kaleckian perspective on the case of Germany
Hein, Eckhard; Detzer, Daniel - Financialisation, Economy, Society & Sustainable … - 2014
We present an investigation into the long-run effects of financialisation on income distribution before the financial … approach towards the examination of the effects of financialisation on income distribution, as suggested by Hein (2014a). First …, we show that Germany saw considerable re-distribution of income starting in early 1980s, which accelerated in the early …
Persistent link: https://www.econbiz.de/10010933428
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Finance-dominated capitalism and income distribution: A Kaleckian perspective on the case of Germany
Hein, Eckhard; Detzer, Daniel - Fachbereich Wirtschaftswissenschaften, Hochschule für … - 2014
We present an investigation into the long-run effects of financialisation on income distribution before the financial … approach towards the examination of the effects of financialisation on income distribution, as suggested by Hein (2014a). First …, we show that Germany saw considerable re-distribution of income starting in early 1980s, which accelerated in the early …
Persistent link: https://www.econbiz.de/10010955090
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Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries
Fuchs-Schuendeln, Nicola; Krueger, Dirk; Sommer, Mathias - National Bureau of Economic Research (NBER) - 2009
In this paper we first document inequality trends in wages, hours worked, earnings, consumption, and wealth for Germany from the last twenty years. We generally find that inequality was relatively stable in West Germany until the German unification (which happened politically in 1990 and in our...
Persistent link: https://www.econbiz.de/10005025631
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Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations
Ludwig, Alexander; Krueger, Dirk; Boersch-Supan, Axel H. - National Bureau of Economic Research (NBER) - 2007
Demographic change has differential impacts on the welfare of current and future generations. In a simple closed economy, aging -- a relative scarcity of young workers -- increases wages, increasing the welfare of the young. At the same time, population aging will reduce rates of return to...
Persistent link: https://www.econbiz.de/10005778836
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On the Consequences of Demographic Change for Rates of Returns to Capital, and the Distribution of Wealth and Welfare
Krueger, Dirk; Ludwig, Alexander - National Bureau of Economic Research (NBER) - 2006
world-wide rates of return, international capital flows and the distribution of wealth and welfare in the OECD. We find that …
Persistent link: https://www.econbiz.de/10005088817
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"Finance-dominated Capitalism and Redistribution of Income: A Kaleckian Perspective"
Hein, Eckhard - Levy Economics Institute - 2013
macroeconomic performance: the distribution channel. Empirical data for the following dimensions of redistribution in the period of … finance-dominated capitalism since the early 1980s is provided for 15 advanced capitalist economies: functional distribution …, personal/household distribution, and the share and composition of top incomes. Based on the Kaleckian approach to the …
Persistent link: https://www.econbiz.de/10010602864
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Financialisation and the financial and economic crises: The case of Germany
Detzer, Daniel; Hein, Eckhard - Fachbereich Wirtschaftswissenschaften, Hochschule für … - 2014
examines the effects of an increasing dominance of finance since the early/mid 1990s on income distribution, investment in …
Persistent link: https://www.econbiz.de/10011085013
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On the Consequences of Demographic Change for Rates of Return to Capital, and the Distribution of Wealth and Welfare
Krueger, Dirk; Ludwig, Alexander - C.E.P.R. Discussion Papers - 2006
world-wide rates of return, international capital flows and the distribution of wealth and welfare in the OECD. We find that …
Persistent link: https://www.econbiz.de/10005666790
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Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries
Fuchs-Schuendeln, Nicola; Krueger, Dirk; Sommer, Mathias - In: Review of Economic Dynamics 13 (2010) 1, pp. 103-132
In this paper we first document inequality trends in wages, hours worked, earnings, consumption, and wealth for Germany from the last twenty years. We generally find that inequality was relatively stable in West Germany until the German Reunification, and then trended upwards for wages and...
Persistent link: https://www.econbiz.de/10008487512