into the distribution policy, with only small adaptations to the existing forecasting and distribution policy. …

with a non-degenerate distribution of money holdings. We assume search to be directed in the sense that buyers know the … distribution of individuals over money balances, although the distribution affects the aggregate activity by itself. Block … that a unique monetary steady state exists. Moreover, we provide conditions under which the steady-state distribution of …

with a non-degenerate distribution of money holdings. We assume search to be directed in the sense that buyers know the … distribution of individuals over money balances, although the distribution affects the aggregate activity by itself. Block … that a unique monetary steady state exists. Moreover, we provide conditions under which the steady-state distribution of …

mechanisms, compared to past decades. To the fundamental divide between capital and labour in the distribution of income between …. The functional income distribution that leads to inequalities in factor incomes, with an increasing divide between the …

endogenous distribution-employment cycles for 16 countries. The model is extended to include several harmonics in both series …

There is well established empirical evidence that more redistribution occurs when luck rather than performance … determines the earnings. We provide experimental evidence on how unequal access to performance enhancing education affects demand … allocation rather than performance. Furthermore, unequal opportunities reduce performance incentives. …

economic inequality. Its roots in market processes and in the functional distribution of income are investigated, considering …