Showing 1 - 8 of 8
This paper explores whether more generous social spending polices in fact lead to less income inequality, or if … with regard to inequality levels, I apply the System GMM estimator and use the presumably random incidence of certain … reduces inequality levels. The result is robust with respect to the instrument count and different data restrictions. Looking …
Persistent link: https://www.econbiz.de/10008827068
Does happiness vary with age? The evidence is inconclusive. Some studies show happiness to increase with age (Diener et al. 1999; Argyle 2001). Others hold that the association is U-shaped with either highest depression rates (Mroczek and Christian, 1998; Blanchflower and Oswald, 2008) or highest...
Persistent link: https://www.econbiz.de/10011636115
Persistent link: https://www.econbiz.de/10002748568
Persistent link: https://www.econbiz.de/10001972641
Persistent link: https://www.econbiz.de/10001972729
This paper explores the relationship between two well-established concepts of measuring individual well-being: the concept of happiness, i.e. self-reported level of satisfaction with income and life, and relative deprivation/satisfaction, i.e. the gaps between the individual's income and the...
Persistent link: https://www.econbiz.de/10002390091
This paper investigates the link between the optimal level of non-financial firms' leverage and macroeconomic uncertainty. We develop a structural model of a firm's value maximization problem that predicts that as macroeconomic uncertainty increases the firm will decrease its optimal level of...
Persistent link: https://www.econbiz.de/10002243165
Viele Fragen rund um den Brexit sind weiterhin offen. Es kann nicht ausgeschlossen werden, dass sich Großbritannien und die Europäische Union nicht auf einen Austrittsvertrag einigen können. Dann könnte es zu einem sogenannten harten Brexit (No-Deal Brexit) kommen. Wir haben die...
Persistent link: https://www.econbiz.de/10012135328