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the analysis using CNEF data for Australia, Korea, Germany and Switzerland. Our results indicate that the largest … low growth (Germany and Switzerland), the opposite holds true. …
Persistent link: https://www.econbiz.de/10011919623
We build an agent-based model to study how coordination failures, credit constraints and unequal access to investment opportunities affect inequality and aggregate income dynamics. The economy is populated by households who can invest in alternative projects associated with different...
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This assessment of the present context for evolving socio-economic patterns and trends in the United States is intended to support consideration of prospects for gains in income shares among the lower income population, recognising that the United States is: a very large heterogeneous...
Persistent link: https://www.econbiz.de/10011547792
This paper combines historical cross-sectional and longitudinal data in the US to study patterns of economic growth within the income distribution. We quantify absolute mobility as the fraction of families with higher income over a period of several years. The rates of absolute mobility over...
Persistent link: https://www.econbiz.de/10012897993
This assessment of the present context for evolving socio-economic patterns and trends in the United States is intended to support consideration of prospects for gains in income shares among the lower income population, recognising that the United States is: a very large heterogeneous...
Persistent link: https://www.econbiz.de/10012452761
Persistent link: https://www.econbiz.de/10003858821
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