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Inequality and the environment : the economics of a two-headed hydra
Drupp, Moritz A.; Kornek, Ulrike; Meya, Jasper; Sager, Lutz - 2021
Preserving environmental quality and addressing economic inequality both feature prominently in public discourse … consider interactions with the other. We synthesize theoretical mechanisms that underpin inequality-environment interlinkages … distribution of environmental amenities and dis-amenities is associated with income and wealth, second, how economic inequality …
Persistent link: https://www.econbiz.de/10012694139
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The Great Depression(s) of 1929-1933 and 2007-2009? Parallels, Differences and Policy Lessons
Eigner, Peter - 2015
financial institutions, as well as pronounced economic inequality. Measures taken during each of the crises differed markedly …
Persistent link: https://www.econbiz.de/10013021968
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Society must transform the international financial system in order to stabilise the ecosystem
Pettifor, Ann - In: Economic policies for sustainability and resilience, (pp. 179-222). 2022
To stabilise the ecosystem at national, global levels, society must first transform the international financial system. The overt intent of financial globalisation is to wrench power over the domestic economy away from democratic governments and transfer this power to markets that now manage...
Persistent link: https://www.econbiz.de/10012799022
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Liquidity traps and large-scale financial crises
Caggiano, Giovanni; Castelnuovo, Efrem; Damette, Olivier; … - 2018
This paper estimates a nonlinear Threshold-VAR to investigate if a Keynesian liquidity trap due to a speculative motive was in place in the U.S. Great Depression and the recent Great Recession. We find clear evidence in favor of a breakdown of the liquidity effect after an unexpected increase in...
Persistent link: https://www.econbiz.de/10011863616
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Keynes and the dollar in 1933 : the gold-buying program and exchange rate gyrations
Edwards, Sebastian - In: Financial history review 24 (2017) 3, pp. 209-238
Persistent link: https://www.econbiz.de/10011809431
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Causes and consequences of the financial crisis and the implications for a more resilient financial and economic system
Hein, Eckhard - 2016
The increasing dominance of finance starting in the late 1970s/early 1980s in the US and the UK, and somewhat later in other countries, was associated with two fundamental and structural processes generating the contradictions of this phase of development and finally the financial and economic...
Persistent link: https://www.econbiz.de/10011431645
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Distribution, 'financialisation' and the financial and economic crisis : implications for post-crisis economic policies
Hein, Eckhard - 2011
be identified: inefficient regulation of financial markets, increasing inequality in the distribution of income, and …
Persistent link: https://www.econbiz.de/10009550324
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What determines the capital share over the long run of history?
Bengtsson, Erik; Rubolino, Enrico; Waldenström, Daniel - 2020
This paper analyzes the determinants of the labor-capital split in national income for 20 countries since the late 1800s. Our main identification strategy focuses on unique historical quasi-experimental events: i) the introduction of universal suffrage, ii) close election wins of left-wing...
Persistent link: https://www.econbiz.de/10012239435
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What determines the capital share over the long run of history?
Bengtsson, Erik; Rubolino, Enrico; Waldenström, Daniel - 2020
This paper analyzes the determinants of the labor-capital split in national income for 20 countries since the late 1800s. Our main identification strategy focuses on unique historical quasi-experimental events: i) the introduction of universal suffrage, ii) close election wins of left-wing...
Persistent link: https://www.econbiz.de/10012210389
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What determines the capital share over the long run of history?
Bengtsson, Erik; Rubolino, Enrico; Waldenström, Daniel - 2020
This paper analyzes the determinants of the labor-capital split in national income for 20 countries since the late 1800s. Our main identification strategy focuses on unique historical quasi-experimental events: i) the introduction of universal suffrage, ii) close election wins of left-wing...
Persistent link: https://www.econbiz.de/10012211118