Showing 1 - 10 of 11,014
This paper presents a simple illustrative post-Kaleckian model of distribution and growth that incorporates personal income inequality and interdependent social norms. The model shows in an easily accessible manner how personal and functional income inequality can potentially have contrary...
Persistent link: https://www.econbiz.de/10011606907
/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially … in the high-tech industries), and this contributes to explaining the higher productivity of US firms. Conversely, EU … firms are more likely to achieve productivity gains through capital-embodied technological change at least in medium and low …
Persistent link: https://www.econbiz.de/10011476418
the best labour policies, addressed to increase simultaneously labour productivity and employment, usually get both goals …
Persistent link: https://www.econbiz.de/10012770607
/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially … in the high-tech industries), and this contributes to explaining the higher productivity of US firms. Conversely, EU … firms are more likely to achieve productivity gains through capital-embodied technological change at least in medium and low …
Persistent link: https://www.econbiz.de/10012990873
In dem Aufsatz wird der Zusammenhang zwischen funktionaler Einkommensverteilung und Wirtschaftswachstum in Österreich … Niederlande profitgetriebenes Wachstum aufwiesen. In Österreich war hierfür der Einfluss der Einkommensverteilung auf den …
Persistent link: https://www.econbiz.de/10003744536
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 an open economy inspired by Bhaduri and...
Persistent link: https://www.econbiz.de/10012716379
This paper attempts to model the nominal and real exchange rate for Ireland, relative to Germany and the UK from 1975 to 2003. It offers an overview of the theory of purchasing power parity (Ppp), focusing particularly on likely sources of nonlinearity. Potential difficulties in placing the...
Persistent link: https://www.econbiz.de/10012775859
This paper studies factors behind inflation dynamics in the euro area, the UK and the US. It introduces a factor-augmented vector autoregression (FAVAR) framework with sign restrictions to study the effects of fundamental macroeconomic shocks on inflation in the three economies. The FAVAR model...
Persistent link: https://www.econbiz.de/10013020653
sectors have led to increased productivity, though international comparisons suggest that there is scope for prices to fall …
Persistent link: https://www.econbiz.de/10012446749
Persistent link: https://www.econbiz.de/10001320811