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In Abhandlungen von Dorfman und Samuelson 1986 und van Suntum 1988 wird Thünen's berühmte Grabsteinformel unter Berücksichtigung seiner spezifischen Annahmen bestätigt. Allerdings wird Thüenen's Vorgehen zur Erzielung dieses Ergebnisses bis heute kontrovers diskutiert. Mit diesem Papier...
Persistent link: https://www.econbiz.de/10010319290
There is growing interest in the design of annuities that insure against idiosyncratic longevity risk while pooling and sharing systematic risk; for example Piggott, Valdez and Detzel (2005) or Donnelly, Guillen and Nielsen (2014). In this paper we generalize the natural retirement income...
Persistent link: https://www.econbiz.de/10013010662
In Abhandlungen von Dorfman und Samuelson 1986 und van Suntum 1988 wird Thünen's berühmte Grabsteinformel unter Berücksichtigung seiner spezifischen Annahmen bestätigt. Allerdings wird Thüenen's Vorgehen zur Erzielung dieses Ergebnisses bis heute kontrovers diskutiert. Mit diesem Papier...
Persistent link: https://www.econbiz.de/10010986121
sub-par growth in their savings, after allowing for consumption and philanthropy, relative to the tremendous long …-term growth in the public stock market. Some of the reasons put forward to explain the shortfall in investor returns include …
Persistent link: https://www.econbiz.de/10012846162
In Abhandlungen von Dorfman und Samuelson 1986 und van Suntum 1988 wird Thünens berühmte Grabsteinformel unter Berücksichtigung seiner spezifischen Annahmen bestätigt. Allerdings wird Thünens Vorgehen zur Erzielung dieses Ergebnisses bis heute kontrovers diskutiert. Mit diesem...
Persistent link: https://www.econbiz.de/10009151034
accumulation, so the question for them is the very possibility of sustained growth. The third and final part takes the view of … capital as power. Capitalized power hinges not on growth, but on strategic sabotage. So from this viewpoint, the key question …
Persistent link: https://www.econbiz.de/10011653508
role to play, if at all, but the interaction between distribution and growth is at the centre of Marxian and post …-Keynesian/Kaleckian approaches when it comes to explaining medium- to long-run trends of economic growth - and stagnation. In this contribution we … will thus provide Marxian and Kaleckian assessments of the distribution and growth regimes under finance …
Persistent link: https://www.econbiz.de/10011790517
Economic, financial and social commentators from all directions and persuasion are obsessed with the prospect of recovery. The world remains mired in a deep, prolonged crisis, and the key question seems to be how to get out of it. The purpose of our paper is to ask a very different question that...
Persistent link: https://www.econbiz.de/10011753880
Persistent link: https://www.econbiz.de/10010399414
This paper examines the relationship between trade (exports), growth, and inequality, using a panel of 100 countries … of trade (exports) on growth. The findings are that in general trade openness advances growth while inequality reduces … threshold is allowed for. Thus, trade generally promotes growth and relatively high inequality retards growth. …
Persistent link: https://www.econbiz.de/10010465444