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Much Ado about the Mortensen-Pissarides Matching Theory
Choi, Hak - 2016
This paper proves that the Mortensen-Pissarides matching theory is nothing but a tautology. They started with an assumption and ended with the same as solution. Their assumption/solution is also at odds with the Beveridge, or the negative vacancy-unemployment relation
Persistent link: https://www.econbiz.de/10012978974
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Income changes do not influence political participation : evidence from comparative panel data
Jungkunz, Sebastian; Marx, Paul - 2021
The income gradient in political participation is a widely accepted stylized fact. This article asks how income effects on political involvement unfold over time. Using nine panel datasets from six countries, it analyzes whether income changes have short-term effects on political involvement,...
Persistent link: https://www.econbiz.de/10012520504
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Income changes do not influence political participation: evidence from comparative panel data
Jungkunz, Sebastian; Marx, Paul - 2021
The income gradient in political participation is a widely accepted stylized fact. This article asks how income effects on political involvement unfold over time. Using nine panel datasets from six countries, it analyzes whether income changes have short-term effects on political involvement,...
Persistent link: https://www.econbiz.de/10012487005
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Unions and income inequality : a heterogeneous panel cointegration and causality analysis
Herzer, Dierk - 2014
Although a large body of research has examined the effects of unions on the wage distribution, surprisingly little attention has been devoted to the effects of unions on the distribution of income. This paper examines the long-run relationship between unionization and income inequality for a...
Persistent link: https://www.econbiz.de/10010406053
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Inequality, infrastructure, and institutions : empirical studies in public economics and political economy
Dorn, Florian - 2021
Florian Dorn erstellte diesen Beitrag während seines Promotionsstudiums an der Universität München (LMU). Die Studie wurde im September 2020 abgeschlossen und von der Fakultät für Volkswirtschaftslehre als Dissertation angenommen. Die Dissertation trägt zur Empirie der Ökonomie des...
Persistent link: https://www.econbiz.de/10012807266
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An investigation of the nexus between globalisation dimensions and income inequality
Tamasauskiene, Zita; Žičkienė, Skaidrė - In: Entrepreneurial business and economics review : EBER 9 (2021) 2, pp. 39-53
Objective: The objective of the article is to explore the nexus between changes of various globalisation dimensions, defined by either policy (de jure) or outcomes (de facto), and the rise in income inequality in a panel of 27 EU countries during the period 1998-2017. Research Design & Methods:...
Persistent link: https://www.econbiz.de/10012520007
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Is Education Panacea? A Worldwide Panel Data Analysis
Georgiou, Miltiades N. - 2013
In the present paper, through an empirical analysis, the view of Corsini (2010) will be supported and will be further discussed that education is panacea. The sample covers all industrialised world. Data are taken from Eurostat. The elaboration of these panel data is made feasible by means of...
Persistent link: https://www.econbiz.de/10013083764
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Income distribution and current account : a sectoral perspective ; conference paper
Behringer, Jan; Treeck, Till van - 2014 - December 18, 2013
We analyse the link between income distribution and the current account for the period 1972-2007. We find that rising (top-end) personal inequality leads to a decrease of the current account, ceteris paribus. This result is consistent with consumption externalities resulting from upward-looking...
Persistent link: https://www.econbiz.de/10010481412
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Effect of Income Inequality on Aggregate Saving : A Panel Analysis
Deniz, Pinar - 2019
Savings problem has become a crucial issue since it is one of the reasons of today's frequently … savings, overcoming inequality should be held as a prior economic and social policy. In this study, the relationship between … aggregate domestic savings as a ratio of GDP and GINI coefficient as an indicator of income inequality are tested under “Second …
Persistent link: https://www.econbiz.de/10012896923
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Macroeconomic disasters and forward-looking consumers : historical evidence and evidence from the Covid-19 pandemic
Pozzi, Lorenzo; Sadaba, Barbara - 2021
Macroeconomic disasters (wars, pandemics, depressions) are characterized by drastic shifts and increased volatility of the aggregate consumption to income ratio. By standard intertemporal budget constraint logic, this ratio is linked to expectations of future income and consumption growth rates....
Persistent link: https://www.econbiz.de/10012511037