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"Addresses new issues and challenges for economic growth arising from ongoing significant change in the world economy, focusing especially on technological transformation. Analyzes how technological change, shifts in investment, and demographic transition are affecting potential economic growth...
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Opening the capital account allows financially-constrained firms to raise capital from abroad. Since capital and skilled labor are relative complements, this increases the relative demand for skilled labor versus unskilled labor, leading to higher wage inequality. Using aggregate data and...
Persistent link: https://www.econbiz.de/10013036614
1. Introduction: Rising income inequality and finance capitalism -- 2. How to study inequality of the finance capitalism era -- 3. USA: the birth of global neoliberal financialisation order -- 4. South Korea: transforming national model -- 5. Argentina: entrenching income inequality -- 6....
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The origins of national accounting can be traced back to the 17th century. However, modern national accounts have largely developed since the late 1940s, although some initial forays commenced a couple of decades earlier. The three most important standards for the economic accounts are those for...
Persistent link: https://www.econbiz.de/10012040260
Since the adoption of new methodological standards for European national accounts and balance of payments (BoP) statistics in 2014, both statistical domains should be directly comparable and fully consistent. The latter implies that data elements that describe the same economic phenomena related...
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