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The Effects of Financial Development on Income Inequality and Poverty

Kappel, Vivien - 2010

This paper examines the effects of financial development on income inequality and poverty. The results of both cross-country and panel data regressions suggest that inequality and poverty are reduced not only through enhanced loan markets, but also through more developed stock markets. We show...

Persistent link: https://www.econbiz.de/10011753191

Market concentration and the likelihood of financial crises

Bretschger, Lucas; Kappel, Vivien - 2010

According to theory, market concentration affects the likelihood of a financial crisis in different ways. The “concentration-stability” and the “concentrationfragility” hypotheses suggest opposing effects operating through specific channels. Using data of 160 countries for the period...

Persistent link: https://www.econbiz.de/10011753202

Basic Research, Openness, and Convergence

Gersbach, Hans; Schneider, Maik T.; Schneller, Olivier - 2010

We study a model where economic growth is fueled by public basic-research investment and the importation of leading technology from foreign countries. In each period, the government chooses the amount of basic research, balancing the cost and benefits of stimulating growth through both channels....

Persistent link: https://www.econbiz.de/10011753203

Subglobal climate agreements and energy-intensive activities: An evaluation of carbon leakage in the copper industry

Lanz, Bruno; Rutherford, Thomas F.; Tilton, John E. - 2013

Subglobal climate policies induce changes in international competitiveness and favor a relocation of carbon-emitting activities to non-abating regions. In this paper, we evaluate the potential for CO2 abatement and the emissions `leakage' effect in the copper industry, a prominent...

Persistent link: https://www.econbiz.de/10011753238

Higher education and the fall and rise of inequality

Prettner, Klaus; Schaefer, Andreas - 2016

We investigate the effect of higher education on the evolution of inequality. In so doing we propose a novel overlapping generations model with three social classes: the rich, the middle class, and the poor. We show that there is an initial phase in which no social class invests in higher...

Persistent link: https://www.econbiz.de/10011753304

Die Zukunft des Welthandels

Görg, Holger; Klein, Martin; Pflüger, Michael; Krebs, … - In: Wirtschaftsdienst 95 (2015) 5, pp. 303-318

Since the 1950s, world trade has grown much faster than global economic production. Meanwhile, China has surpassed … Partnership, have attained dominance in the world trading system in recent years. Some of the well-known weaknesses of regionalism … world trading system require a strengthening of the WTO's multilateral system. But the current bilateral and regional trade …

Persistent link: https://www.econbiz.de/10011773181

Treaty Shopping beim Investorenschutz - eine Replik

Dullien, Sebastian - In: Wirtschaftsdienst 95 (2015) 8, pp. 569-570

Im Juliheft 2015 veröffentlichte der Wirtschaftsdienst einen Aufsatz von Henning Klodt und Stefanie Lang zum Treaty Shopping. Sebastian Dullien weist auf eine seiner Auffassung nach fehlerhafte Darstellung des bilateralen Investitionsschutzabkommens zwischen Deutschland und Pakistan aus dem...

Persistent link: https://www.econbiz.de/10011773208

Treaty Shopping beim Investorenschutz - eine Erwiderung

Klodt, Henning; Lang, Stefanie - In: Wirtschaftsdienst 95 (2015) 8, pp. 570-571

Persistent link: https://www.econbiz.de/10011773209

The future of the European power market

Genoese, Fabio; Egenhofer, Christian; Hogan, Michael; … - In: Intereconomics 50 (2015) 4, pp. 176-197

The European power market is undergoing signifi cant changes. The EU has set an ambitious goal of reducing its greenhouse gas emissions by 40 per cent by 2030. This will require significant investment in renewable energy sources such as wind and photovoltaics as well as measured policies to deal...

Persistent link: https://www.econbiz.de/10011773248

Intellectual property rights and the evergreening of pharmaceuticals

Boscheck, Ralf - In: Intereconomics 50 (2015) 4, pp. 221-226

economies are fuelling calls to contain the so-called evergreening practices of drug producers around the world. But such …

Persistent link: https://www.econbiz.de/10011773251