Showing 1 - 10 of 44
Persistent link: https://www.econbiz.de/10014630847
Abstract In comparison to the standard literature on inequality and growth which assumes the former to be exogenous, we formulate a model in which inequality and growth are both endogenous. Long-run distribution, at least locally, is shown to be independent of the initial distribution of factor...
Persistent link: https://www.econbiz.de/10014588451
Abstract In this paper I explore the quantitative implications for savings of population aging. In doing so, I pay particular attention to some features that have been partially over-looked in the literature. These features include the details of the population aging process, the initial...
Persistent link: https://www.econbiz.de/10014588466
regions. The purpose of this paper is to evaluate whether this structural change is leading to less income and wealth equality … across dairy farms and how these factors differ across the USA. Design/methodology/approach Income and wealth inequality of … indicated that income inequality was greater than wealth inequality across US dairy farms. Results of the quantile regressions …
Persistent link: https://www.econbiz.de/10014667419
Abstract Der demografische Wandel in Deutschland lässt sich auch ohne einen weiteren Abbau bei den Renten finanzieren. Eine Kapitaldeckung oder Teil-Privatisierung ist gesamtwirtschaftlich betrachtet kontraproduktiv. Hierdurch werden lediglich die Gewinn- und Vermögenseinkünfte und die...
Persistent link: https://www.econbiz.de/10014586260
justice, encourage – or discourage – the wealth of nations as Smith taught us, they must then be circumscribed with regard to …
Persistent link: https://www.econbiz.de/10014612409
Abstract Using national account data, we define corporate balance sheet adjustment episodes as periods during which major increases in non-financial corporations’ net lending/ borrowing are experienced. An analysis of such episodes in Germany and Japan, and a more systematic exploration of a...
Persistent link: https://www.econbiz.de/10014619288
‐type utility function, centred at current wealth, for a representative criminal. Design/methodology/approach – The paper takes the …
Persistent link: https://www.econbiz.de/10014865425
analysis is used to test a serious of hypotheses. Findings – The paper confirmed that the entrepreneurial experience and wealth … are determinants of investment for potential BA, and the wealth have both directly and indirectly positive influence on …
Persistent link: https://www.econbiz.de/10014859337
Purpose – The purpose of this paper is to investigate the wealth effects of the issuance of guidelines by the Office of … wealth loss for the sample firms. Research limitations/implications – Interpretation of results warrants caution since the … that impacts shareholder wealth could alter firm (industry) behavior thereby sparing government from enacting regulation …
Persistent link: https://www.econbiz.de/10014795808