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Die Einkommensverteilung : eine wichtige Größe für die Konjunkturprognose

Fichtner, Ferdinand; Junker, Simon; Schwäbe, Carsten - In: DIW-Wochenbericht : Wirtschaft, Politik, Wissenschaft 79 (2012) 22, pp. 3-10

Die Entwicklung des privaten Verbrauchs ist eine entscheidende Größe bei der Erstellung makroökonomischer Prognosen im Rahmen der Volkswirtschaftlichen Gesamtrechnungen. Als erklärende Variable für die Konsumentwicklung spielt damit auch die Ersparnisbildung der Haushalte eine zentrale...

Persistent link: https://www.econbiz.de/10010079408

The effect of stock market wealth on private consumption in Zimbabwe

Bindu, Samuel; Chigusiwa, Lloyd; Mazambani, D.; … - In: International journal of economic sciences and applied … 4 (2011) 2, pp. 125-142

The study seeks to examine stock market wealth effects on private non-durable consumption for Zimbabwean households using quarterly data from 1994(1) to 2008(2). The bounds testing approach to cointegration is employed to test the long run relationship between stock market wealth and...

Persistent link: https://www.econbiz.de/10009958072

The welfare cost of external habits : a quantitative assessment

Gómez, Manuel A. - In: Estudios de economía 37 (2010) 1, pp. 5-26

This paper quantifies the welfare cost of consumption externalities in an endogenous growth model with habit formation. Agent’s utility depends on both current consumption and a reference consumption level determined by economy-wide average past consumption. Although utility may be lower in...

Persistent link: https://www.econbiz.de/10009959110

The relationship between savings and economic growth in countries with different level of economic development

Misztal, Piotr - In: E-Finanse : finansowy kwartalnik internetowy 7 (2011) 2, pp. 17-29

The aim of this paper is to analyze the cause and effect relationship between economic growth and savings in advanced economies and in emerging and developing countries2. In this work we used the method based on studies in macroeconomics and international finance as well as econometric methods...

Persistent link: https://www.econbiz.de/10009959715

The use of behavioral finance in the wealth management process

Opolski, Krzysztof; Potocki, Tomasz - In: E-Finanse : finansowy kwartalnik internetowy 7 (2011) 4, pp. 55-65

The economic theories taking into consideration human behavior and based on the achievements of psychology, sociology, anthropology have been evolving at a blistering pace over the last decade. Owing to that, the behavioral finance has become one of the fastest developing academic areas focused...

Persistent link: https://www.econbiz.de/10009959729

Wege zu einem höheren Wachstumspfad

Bach, Stefan; Baldi, Guido; Bernoth, Kerstin; Bremer, Björn - In: DIW-Wochenbericht : Wirtschaft, Politik, Wissenschaft 80 (2013) 26, pp. 6-17

Während manche Länder in der Europäischen Währungsunion aufgrund von Schulden- und Strukturkrisen tief in der Rezession stecken, steht die deutsche Wirtschaft derzeit glänzend da. Die Arbeitslosigkeit ist auf den niedrigsten Stand seit der Wiedervereinigung gefallen, die Wirtschaftsleistung...

Persistent link: https://www.econbiz.de/10010148270

Distribution of poverty and inequality indices for various groups in Greece using the bootstrap technique

Aggelopoulou, Dimitra; Zografakis, Stavros; Sypsas, … - In: International journal of economic sciences and applied … 4 (2011) 2, pp. 81-97

The present work estimates poverty and inequality indices in various groups that are known to have high contributions … to poverty and inequality, such as farmers, pensioners and families with 3 or more children. Using the bootstrap … technique, we estimate confidence intervals for these indices and examine if the decrease of poverty and inequality during the …

Persistent link: https://www.econbiz.de/10009958074

Inequality of outcomes vs inequality of opportunities in a developing country : an exploration analysis for Chile

Núñez, Javier; Tartakowsky, Andrea - In: Estudios de economía 34 (2007) 2, pp. 185-202

inequality is associated with the inequality of observed exogenous circumstances of origin that determine individuals … a bi-parental household reduces income inequality, but in a small margin, in the range of 8 to 13 points of the Gini … part of income inequality may be associated with unobserved heterogeneity across individuals unrelated to circumstances of …

Persistent link: https://www.econbiz.de/10009959081

Forecasting wage inequality

Ruiz-Tagle V., Jaime - In: Estudios de economía 34 (2007) 2, pp. 141-162

Wage inequality in Chile has remained high for decades and it is currently at the center of the political agenda …. Increasing education of workers is expected to contribute to reduce wage inequality. Based on historical trends of age, education …, and returns to education, this paper attempts to forecast wage inequality. Despite an increase in average earnings due to …

Persistent link: https://www.econbiz.de/10009959083

Top Incomes in Chile using 50 years of household surveys : 1957 - 2007

Sanhueza, Claudia; Mayer, Ricardo - In: Estudios de economía 38 (2011) 1, pp. 169-193

Using household surveys that cover more than 50 years of the political and economic history of Chile, we investigate changes in the shape of the distribution of income in Chile, and in the composition of top 10% and top 1% incomes. In line with international evidence, top incomes concentration...

Persistent link: https://www.econbiz.de/10009959121