Showing 1 - 10 of 3,257
We analyze the effects of persecution and labor market discrimination during the communist regime in the former Czechoslovakia using a representative life history sample from the Survey of Health, Ageing and Retirement in Europe. We find strong effects of persecution and dispossession on...
Persistent link: https://www.econbiz.de/10011760111
What caused the recovery from the British Great Depression? A leading explanation - the "expectations channel" - suggests that a shift in expected inflation lowered real interest rates and stimulated consumption and investment. However, few studies have measured, or tested the economic...
Persistent link: https://www.econbiz.de/10012669620
How sticky were wages during the Great Depression? Although classic accounts emphasize the importance of nominal rigidity in amplifying deflationary shocks, the evidence is limited. In this paper, I calculate the degree of nominal wage rigidity in the United Kingdom between the wars using new...
Persistent link: https://www.econbiz.de/10012792318
recovery in the 1930s, especially the New Deal. The role of income inequality before and during the Great Depression, however …, has almost never been discussed thoroughly. This paper attempts to answer two questions. Firstly, was inequality perceived … policy design did take seriously the problem of inequality? Using official documents such as transcripts of Roosevelt …
Persistent link: https://www.econbiz.de/10011477411
beginning of the 20th century. Until the 1970s, the country experienced a fall in inequality in spite of lower income growth …. Since then, inequality has generally increased possibly as a result of large-scale shocks such as macroeconomic crises and …
Persistent link: https://www.econbiz.de/10011885883
Using data from the Survey of Consumer Finances, this paper updates and extends previous research on the racial wealth gap in the United States. We explore several hypotheses that help explain differential wealth accumulation by racial groups, including the importance of receiving inheritances...
Persistent link: https://www.econbiz.de/10012131621
This paper studies the impact of the Protestant Reformation on wealth distribution and inequality in confessionally … insiders only. This gave Protestantism an ambiguous character in terms of redistribution and its impact on inequality. I … framework, I document that the Reformation exacerbated inequality overall, by making marginal poor people relatively poorer. The …
Persistent link: https://www.econbiz.de/10014429255
, relative poverty which makes good use of the information made available by recent research on inequality. We detect a long …
Persistent link: https://www.econbiz.de/10012821150
This paper shows yearly estimates of income inequality in Italy from 1900 to 1950. By constructing dynamic social … tables, we comprehensively assess inequality across all components of Italian society. In a context of declining inequality … across Europe, interwar Italy reveals a singular trajectory with a rise in inequality during WW1, markedly reversed during …
Persistent link: https://www.econbiz.de/10013402026
Persistent link: https://www.econbiz.de/10012230772