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The effects of inequality on economic growth depend on several factors. On one hand, they depend on the time horizon … considered, on the initial level of income and on its initial distribution. But, on the other hand, as growth and inequality are … rates, this work analyzes how increasing inequality and increasing agglomeration influence economic growth depending on the …
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Social disparities in Russia were increasing since transition started in the 1990s on the background of decline of all … social indicators. In the first decade of 2000-th growth of economy contributed to improvement of wellbeing of population … slight mitigation of inter-city inequality of levels of living. But within the considered set of cities we can observe groups …
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I show how irrational ideas and rumors can drive asset prices - not because anyone believes them, but because they are commonly known without being common knowledge. The phenomenon is driven by short-term market participants who are well-informed about the information that others have, and who...
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Over the past years a large number of regional growth theories have been developed and a number of models have been …, the large majority of those models assumed the existence of linear and thus regular, growth processes. Linear models are …
Persistent link: https://www.econbiz.de/10011543475