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this connection. Over the past ten years, positive growth and employment trends have signifi cantly improved opportunities … efficient growth and redistributive policies in the future, it is essential for Germany to maintain sufficient incentives for …
Persistent link: https://www.econbiz.de/10011441637
I examine the impact of happiness on consumption and savings behavior using data from the DNB Household Survey from the …
Persistent link: https://www.econbiz.de/10011635835
. We deepen the discussion on wealth inequality by evaluating the relative importance of savings, portfolio choice and … inheritances for the accumulation of wealth. To do so, we project active and passive savings based on the observed saving and …
Persistent link: https://www.econbiz.de/10014205691
only successful in promoting a new type of firm that otherwise might not exist, but in transforming the sources of growth …
Persistent link: https://www.econbiz.de/10010261491
only successful in promoting a new type of firm that otherwise might not exist, but in transforming the sources of growth …
Persistent link: https://www.econbiz.de/10005765287
We analyse the relationship between functional income distribution and economic growth in Austria, France, Germany, the … Netherlands, the UK and the USA from 1960 until 2005. The analysis is based on a demand-driven distribution and growth model for … Bhaduri/Marglin's (1990) theoretical conclusion that wage-led growth becomes less feasible when the effects of distribution on …
Persistent link: https://www.econbiz.de/10003744536
We analyse the relationship between functional income distribution and economic growth in France and Germany from 1960 … until 2005. The analysis is based on a demand-driven distribution and growth model for an open economy inspired by Bhaduri …/Marglin (1990), which allows for profit- or wage-led growth. First, we apply a single equation approach, estimating the effects of …
Persistent link: https://www.econbiz.de/10003744537
likely and/or more severe. While there is a growing macroeconomic literature on the growth-effects of natural disasters … especially long-run growth. This paper contributes to filling this gap in the literature by studying behavioural responses to the … of directly affected and unaffected individuals. We find a significant decrease of individual savings and an increasing …
Persistent link: https://www.econbiz.de/10010487684
This paper is the first to analyze the impact of family background on permanent earnings based on sibling correlations in Germany and to provide a cross-country comparison of Germany, Denmark, and USA. The main findings are that family and community background has a stronger influence on...
Persistent link: https://www.econbiz.de/10011161209
In this paper we propose different criteria to rank income distributions according to equality of opportunity. Different from existing ones, our criteria explicitly recognize the interplay between circumstances and effort. We characterize them axiomatically and we compare them with existing...
Persistent link: https://www.econbiz.de/10011379816