Similar Search Results

Giovannoni, Olivier - Levy Economics Institute - 2014

Recent research stresses the macroeconomic dimension of income distribution, but no theory has yet emerged. In this … distribution. The cost of modifying existing models is low compared to the benefits. We find, analytically, that (1) the multiplier …

Persistent link: https://www.econbiz.de/10010779378

The return of “patrimonial capitalism”: review of Thomas Piketty’s Capital in the 21st century

Milanovic, Branko - Volkswirtschaftliche Fakultät, … - 2013

treats theory of growth, functional distribution of income, and interpersonal income inequality. It envisages a future of …

Persistent link: https://www.econbiz.de/10011257954

Cyclical Changes in Short-Run Earnings Mobility in Canada, 1982-1996

Beach, Charles M.; Finnie, Ross - Center for the Study of Living Standards (CSLS)

The paper by Charles M. Beach and Ross Finnie represents the first attempt to quantify short-term or cyclical changes in earnings mobility in Canada. Mobility analysis can be seen as a complement to the analysis of income distribution. For a given degree of earnings inequality, more earnings...

Persistent link: https://www.econbiz.de/10005518922

Changing Patterns of South African income distribution: Towards time series estimates of distribution and poverty

Berg, Servaas van der; Louw, Megan - Department of Economics, Fakulteit Ekonomiese en … - 2003

Research on income distribution in South Africa has, for obvious reasons, focused on inter-racial (inter-group) income distribution. Quite dramatic changes have occurred in inter-racial income distribution patterns since the 1970s, with the black share of income rising for the first time and at...

Persistent link: https://www.econbiz.de/10005523213

Unit labor costs in the eurozone: the competitiveness debate again

Felipe, Jesus; Kumar, Utsav - In: Review of Keynesian Economics 2 (2014) 4, pp. 490-507

Unit labor costs in some of the eurozone countries, calculated using aggregate data, increased significantly during the years before the crisis. In this paper, we show that: (i) the construction of unit labor costs using aggregate data, the standard practice, leads to serious problems of...

Persistent link: https://www.econbiz.de/10011133458

Factor Shares and Income Inequality - Empirical Evidence from Germany 2002-2008

Adler, Martin; Schmid, Kai Daniel - Institut für Angewandte Wirtschaftsforschung (IAW) - 2012

We examine the interplay between changes in the functional distribution of income and the distribution of market income among households. We use micro data from the German Socio-Economic Panel as well as macro data from the German Federal Statistical Office from 2002 to 2008. We categorize and...

Persistent link: https://www.econbiz.de/10010762078

Income Distribution and Current Account Imbalances

Belabed, Christian A.; Theobald, Thomas; Treeck, Till van - Institut für Makroökonomie und Konjunkturforschung … - 2013

We develop a three-country, stock-flow consistent macroeconomic model to study the effects of changes in both personal and functional income distribution on national current account balances. Each country has a household sector and a non-household (corporate) sector. The household sector is...

Persistent link: https://www.econbiz.de/10010944678

Factor shares and income inequality - Empirical evidence from Germany 2002 - 2008

Adler, Martin; Schmid, Kai Daniel - Wirtschaftswissenschaftlichen Fakultät, … - 2012

Persistent link: https://www.econbiz.de/10010955014

Distributional Consequences of Capital Accumulation, Globalisation and Financialisation in the US

Karanassou, Marika; Sala, Hector - School of Economics and Finance, Queen Mary - 2012

In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and disclose the dramatic upward trend in...

Persistent link: https://www.econbiz.de/10011010557

On two theories of value and distribution

Naqvi, Nadeem - Volkswirtschaftliche Fakultät, … - 2011

This paper compares the theory of value and distribution of Arrow and Debreu [1954] with that of Sraffa [1960]. I … variables. In terms of entailments, in Sraffa's theory there is an insufficiency of determinants in the economic grounds of … society, rendering this theory purely economic, rather than political-economic, as in Sraffa. Both the information content …

Persistent link: https://www.econbiz.de/10009370820