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Chile, the United States, Canada, Australia, New Zealand, and five European countries. Overall, Chile''s pass-through does … not appear atypical. Based on a standard error-correction model, we find that, as in most countries considered, Chile …''s measured pass-through is incomplete. But Chile''s pass-through is also faster than in many other countries considered and is …
Persistent link: https://www.econbiz.de/10014399635
Persistent link: https://www.econbiz.de/10011281986
This paper focusses on income inequality in Asia, its drivers and policies to combat it. It finds that income inequality has risen in most of Asia, in contrast to many regions. While in the past, rapid growth in Asia has come with equitable distribution of the gains, more recently fast-growing...
Persistent link: https://www.econbiz.de/10011445358
Income distribution may be related to fundamentals affecting economic growth and to labor market policies. Noting that inequality is affected by unemployment. This paper presents a model in which labor market policies affect unemployment which in turn affects inequality. The model also includes...
Persistent link: https://www.econbiz.de/10014403314
This paper explores the interaction between corporate ownership concentration and private savings, and by extension, the current account balance in Germany. As high corporate savings largely reflected capital income accruing to wealthy households and increasingly retained in closely-held firms,...
Persistent link: https://www.econbiz.de/10012252060
Persistent link: https://www.econbiz.de/10011281169