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estimated for the United States and Germany. The finding of previous studies regarding a higher elasticity of aggregate … cascades from the very top to the very bottom of the distribution. For Germany, we fail to find compelling evidence for …
Persistent link: https://www.econbiz.de/10011606907
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This paper examines the determinants of functional income distribution in West Germany. The approach is to estimate a …
Persistent link: https://www.econbiz.de/10012784062
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What makes the rich different? Are they more productive, as mainstream economists claim? I offer another explanation. What makes the rich different, I propose, is hierarchical power. The rich command hierarchies. The poor do not. It is this greater control over subordinates, I hypothesize, that...
Persistent link: https://www.econbiz.de/10011994821
This paper investigates a new approach to understanding personal and functional income distribution. I propose that hierarchical power - the command of subordinates in a hierarchy - is what distinguishes the rich from the poor and capitalists from workers. Specifically, I hypothesize that...
Persistent link: https://www.econbiz.de/10012127049
receive less attention. Yet, a popular argument for a federal minimum wage in Germany is that it will prevent in-work poverty …
Persistent link: https://www.econbiz.de/10010341614
inequality in Germany. We believe that it is important to be precise in the way in which we define the inequality measure and the … income inequality in Germany does not seem to find strong support in the data. In particular, we find that current low levels … limitations we briefly analyse recent trends in wealth inequality in Germany, and discuss the possible role of recent …
Persistent link: https://www.econbiz.de/10011487003
The scope of immigrants' transnational ties and the relationship to their social position is subject to a controversial debate that suggests a dualistic picture. On the one hand, globalization theorists argue that an elite of highly educated and economically most successful professionals...
Persistent link: https://www.econbiz.de/10011528213