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This paper investigates the impact of financialization and changes in corporate governance on income inequality for a … widespread, there has been little empirical analysis of the link between these phenomena and the rise in income inequality. Since … has increasingly focused on shareholder value. Three decades later, income inequality has grown considerably. Above all …
Persistent link: https://www.econbiz.de/10010408326
Economic theories provide conflicting hypotheses on how wealth inequality affects entrepreneurial dynamism. To … empirically investigate its impact, we construct local measures of household wealth inequality based on financial rents, home … 1862 Homestead Act or US states' removal of “death taxes”. Wealth inequality decreases firm entry and exit, and the …
Persistent link: https://www.econbiz.de/10010412298
Persistent link: https://www.econbiz.de/10013191763
fact that the inequality spawned by this oppression continues to exist today should therefore surprise absolutely no one …. That said, the extent of the racialized social and economic inequality that pervades American society today is being … ensure that contracting parties who start with more end up with more. The first part thus shows how contracts and contract …
Persistent link: https://www.econbiz.de/10013235662
inequality. Small market clubs rarely earn substantial amounts of money from the transfer market. The main financial …
Persistent link: https://www.econbiz.de/10012233325
economy may exacerbate existing inequality. It describes the sharing economy and its frequent use of dynamic pricing as a … greatest inequality concerns. The Article concludes by asking whether some type of intervention is warranted and examining the …
Persistent link: https://www.econbiz.de/10014112024
individuals and destroy value for others, the result is contractual inequality. Contractual inequality has grown without scrutiny … distrust in markets for consumer contracts.To document the magnitude of contractual inequality, this Article provides novel … inefficiency.Courts and regulators need not turn a blind eye to contractual inequality, al-lowing private market forces to …
Persistent link: https://www.econbiz.de/10013406662
-2007. We find that, firstly, rising personal inequality leads to a decrease of household net lending and the current account …
Persistent link: https://www.econbiz.de/10010460550
inequality and draws policy implications. Over the past fifty years, credit by banks and other intermediaries to households and … households rather than businesses. Financial expansion fuels greater income inequality because higher income people can benefit …
Persistent link: https://www.econbiz.de/10011392793
-2007. We find that, firstly, rising personal inequality leads to a decrease of household net lending and the current account …
Persistent link: https://www.econbiz.de/10010201632