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We evaluate the income elasticity of the aggregate budget share spent on a sub-group of commodities, in a competitive framework, by a continuum of agents having the same income, but heterogeneous behavior described by an "homothetic preferences scaling factor" having a bounded Pareto...
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This paper applies a robust empirical methodology, which considers issues relating to cross-country heterogeneity and cross-sectional dependence, to inspect the contributions of gender equality and factor income distribution to an economy's growth path. A dynamic model of aggregate demand is...
Persistent link: https://www.econbiz.de/10012239618
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Dieses Buch betrachtet die Entwicklung der funktionalen und personellen Einkommensverteilung und deren Verortung im Feld der Wirtschaftswissenschaften im Zeitablauf. Zunächst werden die gängigen theoretischen Erklärungsansätze zur funktionalen und zur personellen Einkommensverteilung...
Persistent link: https://www.econbiz.de/10014019041
The paper extends the research started with Borsato (2020). I develop an agent-based, stock-flow consistent growth model to analyze the interplay between income distribution, innovation and productivity growth. Results still show that the mounting shrinkage of the labour share impacts negatively...
Persistent link: https://www.econbiz.de/10012497056
Objective - Inequality of regional income, government expenditure and government revenue can show the performance of these variables in improving the economic and non-economic conditions of each region. Previous literature discusses, in part, the inequality among these three variables. This...
Persistent link: https://www.econbiz.de/10012842717
We by this paper try to do a comparative review of the various approaches in deducing a measure for time-varying z-score. We however employ several modules as part of our assessment in computing the elements of our z-score, we also look at the optimal time length and data frequency through which...
Persistent link: https://www.econbiz.de/10012911646
The issue regarding cross-border business has been a key issue on the minds of businesses across the globe. As organizations as well as firms seek to maximize their profit through operating in different jurisdictions, it is quite imperative to take a critical look at the issue regarding...
Persistent link: https://www.econbiz.de/10012916752
Monetary policy is undeniably an effective tool in global financial systems; that notwithstanding it sometimes comes with unanticipated consequences. For there to be a successful monetary policy arrangement in place, there is the need for policymakers and or regulators to have a precise...
Persistent link: https://www.econbiz.de/10012918453
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