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This paper examines the relationship between changes in the financial sector and the increasing inequality in Germany. For this, first an overview about the development of the main inequality indicators for Germany is given, which show inequality has been rising since the 1980s. Thereafter, the...
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rate of growth of capital asset or income whether source of borrowing is bank or money lender. This is then formalized in a …
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We motivate and provide an overview to New Monetarist Economics. We then briefly describe the individual contributions to the Macroeconomics Dynamics special issues on money, credit and liquidity.
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rents already. Thus our results suggest that in the bank-dominated financial system of Germany, in which banks intensely …
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. Business cycle effects, in particular lagged GDP growth, display a substantial procyclical impact on bank profits. These …
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was characterized as a bank-centered economy, but the banking system did not function well in the 1990's. Responding to …
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