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"We develop an evolutionary game theory model for a limited access common pool resource. With full disclosure of …
Persistent link: https://www.econbiz.de/10009468354
document analyses the level of inequality in Spain and how it evolved over the course of the past crisis and the early stages … inequality, and analyses how they have developed. The analysis shows less wage dispersion in Spain than in other comparable … economies, even after the crisis years, while the surge in unemployment during the period resulted in a high level of inequality …
Persistent link: https://www.econbiz.de/10012532115
"This document analyses the level of inequality in Spain and how it evolved over the course of the past crisis and the … and wealth inequality, and analyses how they have developed. The analysis shows less wage dispersion in Spain than in … high level of inequality in per capita income. The level of inequality in Spain is more moderate when total gross household …
Persistent link: https://www.econbiz.de/10014340709
Investors in financial markets face several restrictions apart from wealth constraints. The first attempt to understand these restrictions in a general competitive equilibrium framework can be traced back to Radner (1972). Here these restrictions are assumed to be given exogenously, as first...
Persistent link: https://www.econbiz.de/10009430929
in das ?konomische Verhalten von Haushalten zu erm?glichen. In der mikro?konomischen Theorie wird Haushaltsarbeit nur in … verwendet, um alternative Argumente in die Sch?tzgleichungen f?r Zeitallokation und Arbeitsangebot zu integrieren. In den … households. In microeconomic theory the dichotomy of labour and leisure as the two alternative choices in time allocation is only …
Persistent link: https://www.econbiz.de/10009482295
Die Arbeit untersucht in drei unabhängigen Studien Determinanten der Renteneintrittsentscheidung. Es werden drei natürliche Experimente ausgewertet, die sich aus Reformen der Alterssicherungssysteme in Deutschland und der Schweiz ergeben haben und die Identifikation kausaler Effekte erlauben....
Persistent link: https://www.econbiz.de/10009451168
reducing inequality. Educated workers in these countries have a much lower birth rate than uneducated workers. Assuming … incorporating this effect generates multiple stedy-state levels of inequality, suggesting that in some circumstances, temporarily … increasing access to educational opportunities could permanently reduce inequality. Empirical evidence suggests that the …
Persistent link: https://www.econbiz.de/10009471590
A new strand of literature has recently sought to investigate possible links between technological changes, observed modifications to firms' organizational structure and the evolution of the wage gap between skilled and unskilled workers. After a brief overview of such approaches, this essay...
Persistent link: https://www.econbiz.de/10009471673
ofinternational trade theory. Focusing on general equilibrium frameworks stems from the insight that economicinternationalisation in … market issues established by human capital theory with the general equilibrium-leddebate on trade and the functional … ofinternational trade theory. Focusing on general equilibrium frameworks stems from the insight that economicinternationalisation in …
Persistent link: https://www.econbiz.de/10009471731
"In particular, the academic debate over the best prediction about the behavior of people that use a common-pool resource (CPR), and the recommended policy approaches to the CPR dilemma have undergone a very interesting evolution throughout the last 3 decades of the pastcentury, since the...
Persistent link: https://www.econbiz.de/10009468435