Showing 61 - 70 of 21,539
This paper reviews changing income distributions in the United States, Germany, and the Netherlands, treating the three countries as leading economic performers in ' the three worlds of welfare capitalism.' Previous analyses have shown that earnings dispersion is increasing. The potential impact...
Persistent link: https://www.econbiz.de/10010377513
In 1979, when anthropometric history was still in its infancy, Robert Fogel and collaborators reported that the height of the US male white population began to decline quite unexpectedly around the birth cohorts of 1830. This was quite a conundrum on account of the fact that according to...
Persistent link: https://www.econbiz.de/10010427636
In dieser Studie werden längerfristige Tendenzen im Zusammenspiel von Finanzsystem und realwirtschaftlicher Entwicklung in den USA und in Deutschland diskutiert. Mit dem Schlagwort der "Finanzialisierung" wird häufig ein allgemeiner Bedeutungsgewinn des Finanzsektors einer Volkswirtschaft...
Persistent link: https://www.econbiz.de/10010464398
The expected slowdown in the economy of the United States (US) has ignited increasing concerns over the short-term growth prospect of East Asia. Historically, a US slowdown has often been associated with a global slowdown. East Asia has been particularly vulnerable to slowing US growth, given...
Persistent link: https://www.econbiz.de/10010507214
This paper employs an augmented version of the UECCC GARCH specification proposed in Conrad and Karanasos (2010) which allows for lagged in-mean effects, level effects as well as asymmetries in the conditional variances. In this unified framework we examine the twelve potential intertemporal...
Persistent link: https://www.econbiz.de/10011422216
Using a modified DCC-MIDAS specification, we endogenize the long-term correlation between crude oil and stock price returns with respect to the stance of the U.S. macroeconomy. We find that variables which contain information on current and future economic activity are helpful predictors for...
Persistent link: https://www.econbiz.de/10011422237
We analyze the effect of changes in fertility and longevity on taxes, the composition of government spending, and productivity. To that purpose, we introduce politics in an OLG economy with endogenous growth due to human and physical capital accumulation. Population ageing shifts political power...
Persistent link: https://www.econbiz.de/10011430063
Persistent link: https://www.econbiz.de/10011435087
Persistent link: https://www.econbiz.de/10011435094
Persistent link: https://www.econbiz.de/10011435097