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German history over the past 125 years has been turbulent. Marked by two world wars, revolutions and major regime changes, as well as a hyperinflation and three currency reforms, expropriations and territorial divisions, it provides unique insights into the role of country-specific shocks in...
Persistent link: https://www.econbiz.de/10013194250
German history over the past 125 years has been turbulent. Marked by two world wars, revolutions and major regime changes, as well as a hyperinflation and three currency reforms, expropriations and territorial divisions, it provides unique insights into the role of country-specific shocks in...
Persistent link: https://www.econbiz.de/10013187686
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firms largely follow the precautionary savings motive and do not seem to misappropriate their funds when shifting them …
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. We deepen the discussion on wealth inequality by evaluating the relative importance of savings, portfolio choice and … inheritances for the accumulation of wealth. To do so, we project active and passive savings based on the observed saving and …
Persistent link: https://www.econbiz.de/10014205691