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The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of the rich, a large increase in leverage for the remainder, and an eventual financial...
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The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of the rich, a large increase in leverage for the remainder, and an eventual financial...
Persistent link: https://www.econbiz.de/10014402855
-- 2.3 Inequality in the World -- 2.4 Income Inequality in Italy -- 2.5 The Causes of Inequality -- 3 Poverty: Definition ….4 Poverty Lines -- 3.5 Measuring Poverty -- 3.6 Poverty in the World -- 3.7 Poverty in Italy -- 4 Income Polarisation -- 4 … -- Chapter 5 The Effects of the Crisis on Poverty and Inequality -- 1 More People in Poverty? -- 2 A Less Equal World?. …
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Einkommensverteilung, Haushaltsverschuldung, finanzieller Instabilität und der Entstehung von Finanzkrisen. Zwei Papiere beschreiben den …
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This is a presentation for the paper "Has the Global Financial Crisis Increased Wealth Inequality?" as delivered at the 52 Annual Conference of the Money, Macro and Finance Society" (University of Cambridge)
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