We use high-frequency administrative data from Germany to study the effects of monetary policy on income and employment across the earnings distribution. Earnings growth at the bottom of the distribution is substantially more elastic to policy shocks. This unequal incidence is driven by...

We investigate the contribution of the increase in German (DE) income inequality to the German export surplus increase and the decline of the natural rate of interest in the Euro Area in an open economy model with rich and non-rich households. Rich households have Capitalist Spirit type...

The world's developed economies are experiencing a sharp backlash against globalisation, and it appears to be contagious. Will Asia catch it next? Asia has seen spectacular growth in recent decades. It has benefited substantially from global trade, finance, openness and the rules-based...

The rise of populism challenges numerous Western democracies and their institutions. In this round-up, we examine economic and societal conditions that are driving forces behind populism. We focus on five domains that are closely interlinked with populist support: globalization, financial...

Die Niveaus der durchschnittlichen Einkommen und Vermögen sind in Liechtenstein im internationalen Vergleich sehr hoch. Die verfügbaren Einkommen der liechtensteinischen Bevölkerung können aber als eher konzentriert bezeichnet werden, weil sie leicht ungleicher verteilt sind verglichen mit...

The growing importance of services has led to significant structural change in advancedeconomies, with the service sector now accounting for the largest share of employment indeveloped countries. In his seminal model of the so-called cost disease of services, WilliamBaumol noted that the prices...

We examine three dimensions of spatial inequality in Latin America and the Caribbean (LAC): between rural and urban areas (rural-urban divide), between large and small cities (metropolitan bias or centralization) and within metropolitan areas (urban segregation). As a first approach, we use...

Der vorliegende Band enthält die überarbeiteten Beiträge der Sitzung des Ausschusses »Wirtschaftswissenschaften und Ethik« im »Verein für Socialpolitik«, die vom 9. bis 11. März 1995 in Bern stattgefunden hat. Er beginnt mit einer sehr grundsätzlichen »Suche« von Hans-Balz Peter nach...