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panel smooth threshold regression model quantify and explain them: 1) investors have penalized a deterioration of …
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This study examines serial correlation in employment, sales and innovative sales growth rates in a balanced panel of 3 …
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strategies increasingly focus on “targeting the poor”, yet poverty and inequality remain intractable foes. The report seeks to …
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This paper presents the global income distribution between all individuals living in the developed world. Global … inequality for the group of high-income countries, as measured by the Gini coefficient, stands at 37 in 2013 and has increased by … incomes and the bottom 10% falling behind. Rising inequality within the United States drives almost half of the inequality …
Persistent link: https://www.econbiz.de/10011700555
We use unique institutional securities holdings data to examine the trading behaviour of delegated institutional capital and its impact on bond risk premia. We show that institutional fund managers trade strongly procyclically: they actively move into higher yielding, longer duration and lower...
Persistent link: https://www.econbiz.de/10012485994
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also who moves up and down the income ladder over time. While income inequality has increased in most OECD countries, in … progressive taxation has also reduced the top 1 per cent’s share of disposable income. This paper finds that income inequality … to greater income inequality but also higher upward income mobility. Indeed, the analysis in the paper shows upward …
Persistent link: https://www.econbiz.de/10012202850