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Heterogeneous savers and their inflation expectation during German industrialization: Social class, wealth, and gender
Lehmann-Hasemeyer, Sibylle H.; Neumayer, Andreas; … - 2022
Using microeconomic data on 2,500 savers of the savings bank Ludwigsburg, we study individual savings behavior in 19th century-Germany. We show that wealthy savers responded to an increase in the expected inflation rate (and falling real interest rate) by increasing their savings, suggesting...
Persistent link: https://www.econbiz.de/10013172788
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Heterogeneous Bequests and Social Inequalities
Borissov, Kirill; Bosi, Stefano; Ha-Huy, Thai; Pakhnin, … - 2023
We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove … linking economic growth and income inequality. …
Persistent link: https://www.econbiz.de/10014469860
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Housing, wealth accumulation and wealth distribution : evidence and stylized facts
Causa, Orsetta; Woloszko, Nicolas; Leite, David - 2019
reduction, and other policy objectives such as employment and productivity growth as well as macroeconomic resilience. Informed …
Persistent link: https://www.econbiz.de/10012202943
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Heterogeneous bequests and social inequalities
Borissov, Kirill; Bosi, Stefano; Thai Ha Huy; Pakhnin, … - 2023
We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove … linking economic growth and income inequality. …
Persistent link: https://www.econbiz.de/10014384038
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Long-Term Trends in the Distribution of Wealth and Inheritance
Davies, James B.; Lluberas, Rodrigo; Waldenström, Daniel - 2024
This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on developed economies. A key stylized fact is that wealth is less equally distributed than income. Financial assets predominate among the wealthy, while owner-occupied housing is...
Persistent link: https://www.econbiz.de/10015047235
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Long-term trends in the distribution of wealth and inheritance
Davies, James B.; Lluberas, Rodrigo; Waldenström, Daniel - 2024
This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on developed economies. A key stylized fact is that wealth is less equally distributed than income. Financial assets predominate among the wealthy, while owner-occupied housing is...
Persistent link: https://www.econbiz.de/10014564314
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Heterogeneous savers and their inflation expectation during German industrialization : social class, wealth, and gender
Lehmann-Hasemeyer, Sibylle H.; Neumayer, Andreas; … - 2022
Using microeconomic data on 2,500 savers of the savings bank Ludwigsburg, we study individual savings behavior in 19th century-Germany. We show that wealthy savers responded to an increase in the expected inflation rate (and falling real interest rate) by increasing their savings, suggesting...
Persistent link: https://www.econbiz.de/10013169259
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Mozambique: Off-track or temporarily sidelined?
Arndt, Channing; Jones, E. Samuel; Tarp, Finn - 2015
. A series of shocks, especially the fuel and food price crisis of 2008, combined with poor productivity growth in …
Persistent link: https://www.econbiz.de/10011418642
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Redistribution around the world: Causes and consequences
Jäntti, Markus; Pirttilä, Jukka; Rönkkö, Risto - 2016
redistribution and the impacts of redistribution on growth can be misleading. …
Persistent link: https://www.econbiz.de/10011653945
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Regional and subregional analyses of macroeconomic policy strategies for growth and equality in Southern Africa
Sahoo, Dukhabandhu; Mishra, Diptimayee; Sahoo, Auro Kumar; … - 2020
, allowing an understanding of growth and inequality in the region. The region has experienced Ø- and σ-convergence …; however, growth rates of per capita gross domestic product are low at aggregate and sectoral levels. At sectoral level, the … sectors such as education and health can enhance growth rate, whereas the overall revenue expenditure retards growth …
Persistent link: https://www.econbiz.de/10012424163