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The paper analyzes the impacts of Islamic and conventional Banks reserves' restrictions in Sudan. Comprehensively, those restrictions are necessary for health banks, performance and the viability of the macroeconomic performance in any country. The selected period of the analysis (2007-2009) is...
Persistent link: https://www.econbiz.de/10009367965
This paper analyzes how forming a monetary union affects consumption and earnings inequalities caused by adopting a common currency. We use a two country overlapping-generations model to investigate these effects. When countries choose to form a monetary union, the country with higher initial...
Persistent link: https://www.econbiz.de/10008694922
will tend to be higher in countries with higher inequality and with greater pro-rich bias in the political system …. Conversely, the use of income tax will be higher in countries with lower inequality and less pro-rich bias. The model also … predicts that although inequality and political bias will have an impact on the composition of revenue, it will have no effect …
Persistent link: https://www.econbiz.de/10005797253
will tend to be higher in countries with higher inequality and with greater pro-rich bias in the political system …. Conversely, the use of income tax will be higher in countries with lower inequality and less pro-rich bias. The model also … predicts that although inequality and political bias will have an impact on the composition of revenue, it will have no effect …
Persistent link: https://www.econbiz.de/10010745045
The academic interest around the well-known inequality-finance nexus has recently been the subject of a renewed … attention. A recent, yet flourishing literature started pointing inequality as a possible cause credit bubbles, leading to …-way relationship between inequality and finance, by focusing on a causality chain made of three main links: inequality, credit, and …
Persistent link: https://www.econbiz.de/10011106022
inequality increased. We introduce new ways of approximating the effects of international flows and find that the recent increase … in Swedish wealth inequality is likely to be larger than what official estimates suggest. …
Persistent link: https://www.econbiz.de/10005771090
inequality increased. We introduce new ways of approximating the effects of international flows and find that the recent increase … in Swedish wealth inequality is likely to be larger than what official estimates suggest. …
Persistent link: https://www.econbiz.de/10005190863
The objective of this paper is to study the dynamics of the wealth distribution over the path of economic development. More specifically, we are interested in distinguishing between changes which seem to be country specific and characteristics shared by all countries. A historical account of the...
Persistent link: https://www.econbiz.de/10005645360
economic factors on inequality in the long run, we use the concept of an equilibrium distribution. However the long …
Persistent link: https://www.econbiz.de/10011168925
In this article we quantify the aggregate, distributional and welfare consequences of two revenue neutral flat-tax reforms using a model economy that replicates the U.S. distributions of earnings, income and wealth in very much detail. We find that the less progressive reform brings about a 2.4%...
Persistent link: https://www.econbiz.de/10005662104