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The last four decades have been marked by growing inequality. The inequality of income and wealth is one of the most … important macroeconomic issues of our time. Inequality contributed to Global Savings Glut and Global Financial Crisis through … factors, monetary policy, high leverage and the development of new money substitutes are critical in explaining the inequality …
Persistent link: https://www.econbiz.de/10012062552
There has been a universal statutory minimum wage in Germany for a good four years, but many employees still do not receive it. This is the finding of new calculations based on the Socio-Economic Panel (SOEP), which have updated noncompliance with the minimum wage for 2017. Even conservative...
Persistent link: https://www.econbiz.de/10012035055
well as for theories about inequality, institutions, and politics more broadly. In this article, we present the first … multidimensional comparative analysis of the development of inequality in Sweden. Unlike most other studies, we combine a variety of … measures to provide a more comprehensive view of inequality. Our findings reveal that, although the share of income and wealth …
Persistent link: https://www.econbiz.de/10015427227
As suggested by recent empirical evidence, one of the causes behind the widespread rise of inequality experienced by … wealth inequality. However, the authors also find that this effect is diminished by tight monetary policy and low credit …
Persistent link: https://www.econbiz.de/10012030461
framework, using the Theil indicator, all available information on inequality trends between agricultural and nonagricultural … sectors and on inequality trends within each sector in European countries. Finally Section 3 throws light on the political and …
Persistent link: https://www.econbiz.de/10014024205
Persistent link: https://www.econbiz.de/10014340016
This paper investigates the relationship between the capital share in national income and personal income inequality … income shares with a broader measure of inequality (Gini coefficient), the positive relationship re-mains but becomes …
Persistent link: https://www.econbiz.de/10011408188
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