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The London Monetary and Economic Conference of 1933 and the end of the Great Depression
Edwards, Sebastian - In: Open economies review 28 (2017) 3, pp. 431-459
Persistent link: https://www.econbiz.de/10012126520
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Wealth inequality and aggregate demand
Ederer, Stefan; Rehm, Miriam - 2019
income. It develops a model with an endogenous wealth distribution and shows that the endogenous rise in wealth inequality … of wealth inequality. The paper thereby provides a possible explanation for the instability of demand regimes over time. …
Persistent link: https://www.econbiz.de/10012196385
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Income Distribution and Current Account Imbalances
Belabed, Christian A.; Theobald, Thomas; van Treeck, Till - 2013
1980s can be explained by the interplay of rising (top-end) household income inequality and institutions. On the other hand …
Persistent link: https://www.econbiz.de/10010460552
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Income distribution and current account imbalances
Behringer, Jan; Theobald, Thomas; Treeck, Till van - 2013
1980s can be explained by the interplay of rising (top-end) household income inequality and institutions. On the other hand …
Persistent link: https://www.econbiz.de/10010201629
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Persistent Heterogeneous Returns and Top End Wealth Inequality
Cao, Dan - 2017
reduction in US corporate tax rates can generate the joint evolution of rising wealth inequality, rising capital-output ratio …
Persistent link: https://www.econbiz.de/10012968634
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Macroeconomic Implications of Inequality and Income Risk
Aladangady, Aditya; Gagnon, Etienne; Johannsen, Benjamin K. - 2021
We explore the long-run relationship between income risk, inequality, and the macroeconomy in an overlapping … they require for bearing risk, leading to higher measured income and wealth inequality, a lower risk-free real interest … rate, and higher risk premiums. These findings suggest that the factors behind the observed rise in inequality over the …
Persistent link: https://www.econbiz.de/10013313121
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Wealth inequality and aggregate demand
Ederer, Stefan; Rehm, Miriam - 2019
income. It develops a model with an endogenous wealth distribution and shows that the endogenous rise in wealth inequality … of wealth inequality. The paper thereby provides a possible explanation for the instability of demand regimes over time. …
Persistent link: https://www.econbiz.de/10012182882
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Income Distribution and Current Account Imbalances
Belabed, Christian A.; Theobald, Thomas; Treeck, Till van - Institut für Makroökonomie und Konjunkturforschung … - 2013
1980s can be explained by the interplay of rising (top-end) household income inequality and institutions. On the other hand …
Persistent link: https://www.econbiz.de/10010944678
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Financialisation and financial crisis in Iceland
Guðmundsson, Björn Rúnar - 2015
Financialisation in Iceland should be seen as an evolving process driven by a mixture of global and domestic forces. Responding to fundamental issues underlying macroeconomic imbalances, the authorities introduced policies that proved particularly supportive of financial expansion at a time when...
Persistent link: https://www.econbiz.de/10011310222
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Causes and consequences of the financial crisis and the implications for a more resilient financial and economic system
Hein, Eckhard - 2016
The increasing dominance of finance starting in the late 1970s/early 1980s in the US and the UK, and somewhat later in other countries, was associated with two fundamental and structural processes generating the contradictions of this phase of development and finally the financial and economic...
Persistent link: https://www.econbiz.de/10011431825