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The distributions of income and wealth in countries across the world are found to possess some robust and stable features independent of the specific economic, social and political conditions of the countries. We discuss a few physics-inspired multi-agent dynamic models along with their...
Persistent link: https://www.econbiz.de/10010299490
, as well as the use of distributional approxima-tions. For non-separable inequality measures we derive specific formulas …
Persistent link: https://www.econbiz.de/10010324529
profitable for the rich than the poor, inequality increases. The model is calibrated to illustrate polarization and increasing … inequality in early modern Europe, starting from a continuous pre-industrial wealth distribution. During the early … industrializing period, when labor markets operate and capital markets do not, inequality increases and a distinct working class …
Persistent link: https://www.econbiz.de/10010330219
This paper studies the determinants of inequality in an infnitehorizon general equilibrium model. Missing capital … markets, lead to two-peaked wealth distributions and high inequality. The precautionary savings, affected by the level of …
Persistent link: https://www.econbiz.de/10010330272
Das private Vermögen in Deutschland ist vor dem Hintergrund der Erbschaftsteuerreform und der zunehmenden Privatisierung der sozialen Vorsorge verstärkt in den Blickpunkt der wirtschafts- und sozialpolitischen Diskussion gerückt. Mit den Ergebnissen der Vermögenserhebung im Rahmen des...
Persistent link: https://www.econbiz.de/10011601764
Politische Unruhen, Bürgerkriege und im Extrem Völkermord sind einige der Gründe für die enttäuschende Wirtschaftsentwicklung in vielen Entwicklungsländern in den letzten Jahrzehnten, vor allem in Afrika. Perioden andauernder Gewalt beeinflussen auch die Verteilung von Einkommen in den...
Persistent link: https://www.econbiz.de/10011602068
transfers to other sources of household wealth has had a sizeable effect on reducing the inequality of wealth. …
Persistent link: https://www.econbiz.de/10011605346
Empirical evidence on the relationship between a country?s wealth inequality and economic growth is ambiguous. This … research on the base of the Gini-coefficient cannot generate a general relationship between wealth inequality and economic … growth. Moreover, the impact of wealth inequality on economic growth is through the supply of human capital as well as the …
Persistent link: https://www.econbiz.de/10010263165
Little research exists on the historical relationship between BMI variation, wealth, and inequality. This study finds … BMIs and average state-level wealth, and an inverse relationship between BMI and wealth inequality. After controlling for … wealth and inequality, rural agricultural farmers had greater BMI values than their urban counterparts in other occupations. …
Persistent link: https://www.econbiz.de/10010274782
The objective of this paper is to study the dynamics of the wealth distribution over the path of economic development. More specifically, we are interested in distinguishing between changes which seem to be country specific and characteristics shared by all countries. A historical account of the...
Persistent link: https://www.econbiz.de/10010320107