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Hager’s project examines the historical development of US public debt ownership and its political implications. His … debt ownership in terms of social inequality and power. He tackles four questions: who are the owners of the public debt … ownership; and what is the relationship between debt-ownership concentration and political influence. He argues that the …
Persistent link: https://www.econbiz.de/10015047635
This paper examines the ownership structure of eurozone public debt and the distributional consequences thereof … interest received on government bonds in Italy turn out to be largely wealthy households, reflecting the unequal ownership of …
Persistent link: https://www.econbiz.de/10012217039
Who are the dominant owners of US public debt? Is it widely held, or concentrated in the hands of a few? Does ownership …, Inequality, and Power is the first comprehensive historical analysis of public debt ownership in the United States. It reveals … that ownership of federal bonds has been increasingly concentrated in the hands of the 1 percent over the past three …
Persistent link: https://www.econbiz.de/10011646691
ownership. Specifically, the study addresses the following questions: Who owns the US public debt? Is the distribution of … to any consensus on even the most basic facts concerning ownership of the US public debt and its potential redistributive … plague existing studies. Empirically, only a handful of studies have attempted to map the ownership pattern of US federal …
Persistent link: https://www.econbiz.de/10011646706
This paper examines the ownership structure of eurozone public debt and the distributional consequences thereof … interest received on government bonds in Italy turn out to be largely wealthy households, reflecting the unequal ownership of …
Persistent link: https://www.econbiz.de/10012218952
Persistent link: https://www.econbiz.de/10003858850
Persistent link: https://www.econbiz.de/10011471875
Persistent link: https://www.econbiz.de/10012008451
Economic growth leads, according to Kuznets, at first to glaring income disparities and only when a certain state of development has been reached to a levelling of incomes. Translating this thesis to the developing countries, one would have to assume that there exists a constant conflict of...
Persistent link: https://www.econbiz.de/10011469841
Der Beitrag beschäftigt sich mit der Frage, auf welche Art und Weise die Verteilungspolitik in der heutigen Zeit ausgestaltet werden kann. Welches sind denkbare Ziele, welches mögliche Instrumente von verteilungspolitischen Interventionen in einer marktwirtschaftlichen Ordnung? Sind...
Persistent link: https://www.econbiz.de/10014503686