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Revisiting debt-led and export-led growth models: a sectoral balances approach
Behringer, Jan; Treeck, Till van - 2018
distribution and how income distribution and institutions interacted to generate financial imbalances in different sectors of the …
Persistent link: https://www.econbiz.de/10011927153
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Revisiting debt-led and export-led growth models: A sectoral balances approach
Behringer, Jan; van Treeck, Till - 2018
distribution and how income distribution and institutions interacted to generate financial imbalances in different sectors of the … Einkommensverteilung (Löhne versus Gewinne), während die personelle Einkommensverteilung (Ungleichheit zwischen den privaten Haushalten … Einkommensverteilung beitragen können und wie Einkommensverteilung und Institutionen interagiert haben, um Ungleichgewichte in …
Persistent link: https://www.econbiz.de/10011984263
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Revisiting debt-led and export-led growth models: A sectoral balances approach
Behringer, Jan; van Treeck, Till - 2018
distribution and how income distribution and institutions interacted to generate financial imbalances in different sectors of the …
Persistent link: https://www.econbiz.de/10012154139
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Varieties of capitalism and growth regimes : the role of income distribution
Behringer, Jan; Treeck, Till van - 2018
komparativen politischen Ökonomie zusammen, um die makroökonomischen Auswirkungen von Veränderungen in der Einkommensverteilung zu … die relative Bedeutung von Lohnkoordinierung und Einkommensverteilung für die Entstehung globaler Ungleichgewichte. Wir … beeinflusste Leistungsbilanzsalden sowohl direkt, aber vor allem indirekt über Effekte auf die Einkommensverteilung. Wir testen das …
Persistent link: https://www.econbiz.de/10011914115
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Varieties of capitalism and growth regimes : the role of income distribution
Behringer, Jan; Treeck, Till van - 2017
This article brings together the varieties of capitalism and the growth model approaches to comparative political economy to analyze the macroeconomic implications of changes in income distribution. In the decades before the financial crisis, coordinated market economies (CMEs) and liberal...
Persistent link: https://www.econbiz.de/10011924555
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What is the impact of an exogenous shock to the wage share? : VAR results for the US economy, 1973-2018
Basu, Deepankar; Gautham, Leila - 2019
This paper uses a novel empirical strategy to present empirical estimates of the effect of an exogenous shock to distribution on demand and accumulation for the US economy from 1973 to 2018. We use recursive vector autoregressions to identify the impact of shocks to the wage share. We impose...
Persistent link: https://www.econbiz.de/10012000014
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Wealth Inequality, Wealth Constraints and Economic Performance
Bardhan, Pranab; Bowles, Samuel; Gintis, Herbert - EconWPA - 1998
When asymmetry or non-verifiability of information, or non- excludability of users, makes contracts incomplete or unenforceable, and where for these and other reasons there are impediments to efficient bargaining, we show that private contracting will not generally assign the control of assets...
Persistent link: https://www.econbiz.de/10005134997
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Do Anti-Union Policies Increase Inequality? Evidence from State Adoption of Right-to-Work Laws
Kogan, Vladimir - 2017
The distribution of income lies at the intersection of states and markets, both influencing and responding to government policy. Reflecting this reality, increasing research focuses on the political origins of inequality in the U.S. However, the literature largely assumes — rather than tests...
Persistent link: https://www.econbiz.de/10012971329
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The growth of US top income inequality : a hierarchical redistribution hypothesis
Fix, Blair - 2018
What accounts for the growth of US top income inequality? This paper proposes a hierarchical redistribution hypothesis. The idea is that US firms have systematically redistributed income to the top of the corporate hierarchy. I test this hypothesis using a large scale hierarchy model of the US...
Persistent link: https://www.econbiz.de/10011880804
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Capitalist income and hierarchical power : a gradient hypothesis
Fix, Blair - 2018
This paper offers a new approach to the study of capitalist income. Building on the "capital as power" framework, I propose that capitalists earn their income not from any productive asset, but from the legal right to command a corporate hierarchy. In short, I hypothesize that capitalist income...
Persistent link: https://www.econbiz.de/10011888765