Showing 41 - 50 of 55,814
Artificial Economics is one of the fastest growing approaches to analyse complex socio-economic systems. In this paper we present our views on the distinguishing features of Artificial Economics and on its relation with Theoretical Economics - the field that in our opinion lies closest to...
Persistent link: https://www.econbiz.de/10011588214
Comparison of macroeconomic simulation models, particularly agent-based models (ABMs), with more traditional approaches such as VAR and DSGE models has long been identified as an important yet problematic issue in the literature. This is due to the fact that many such simulations have been...
Persistent link: https://www.econbiz.de/10012018797
investment expensing brings about sizeable output gains and a nontrivial increase in after-tax income inequality. However, it …
Persistent link: https://www.econbiz.de/10014496078
The objective of this paper is to study the dynamics of the wealth distribution over the path of economic development. More specifically, we are interested in distinguishing between changes which seem to be country specific and characteristics shared by all countries. A historical account of the...
Persistent link: https://www.econbiz.de/10010320107
inequality increased. We introduce new ways of approximating the effects of international flows and find that the recent increase … in Swedish wealth inequality is likely to be larger than what official estimates suggest. …
Persistent link: https://www.econbiz.de/10010320172
We study beliefs about wealth inequality and preferences for wealth redistribution. For this, we conduct a large … overestimate their position reduce their aversion to inequality after learning their position, while those who underestimate their …
Persistent link: https://www.econbiz.de/10014574300
degree of heterogeneity in household preferences or beliefs is sufficient to match empirical measures of wealth inequality in …
Persistent link: https://www.econbiz.de/10011995508
Abstract This paper investigates the sources of inequality in household gross and net wealth across eight euro … a remarkable effect on wealth inequality that is stronger than the one of income differences. In Austria, Germany and … Cyprus the contribution of real and financial assets inherited or received as gifts to gross and net wealth inequality …
Persistent link: https://www.econbiz.de/10012099951
Approach to Decomposition This paper analyses how microeconomic factors drive inequality in household wealth across nine … have a considerable effect on wealth inequality that is on average stronger than that of income differences and other … or inter vivos transfers attains more than 30% to explained wealth inequality. The distribution of household …
Persistent link: https://www.econbiz.de/10012099984
The inheritance tax is often seen as an effective tool to reduce wealth inequality, to raise public budgets if needed … tool for fighting wealth inequality without having distorting effects for the economy. For this purpose, the distributional …
Persistent link: https://www.econbiz.de/10012287840