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a two-agent overlapping-generations model, we find that recent trends in income inequality and financial liberalization … those reducing the structural sources of high inequality. …
Persistent link: https://www.econbiz.de/10012207975
the main influence on the secular stagnation literature, Hobson's suggested link between economic inequality and … stagnation is of interest in view of T. Piketty's recent claim about the connection between slower growth and inequality. E …, and deficient aggregate demand. We conclude that the range of positions held today concerning stagnation and inequality is …
Persistent link: https://www.econbiz.de/10014363262
before the COVID-19 crisis. Long-run trends have shown a pattern of secular stagnation and increasing inequality since the … forward to the long run, redistribution policies may provide useful first steps in reversing the trends of rising inequality …
Persistent link: https://www.econbiz.de/10014363416
income inequality and the current account deficit and a consolidation of the government budget lead to a decrease in the …. Sustainable growth requires a decrease in income inequality, an improvement in the external position, and a relaxation of the …
Persistent link: https://www.econbiz.de/10011545304
income inequality and the current account deficit and a consolidation of the government budget lead to a decrease in the …. Sustainable growth requires a decrease in income inequality, an improvement in the external position, and a relaxation of the …
Persistent link: https://www.econbiz.de/10011309510
Persistent link: https://www.econbiz.de/10011569798
Persistent link: https://www.econbiz.de/10011700684
Persistent link: https://www.econbiz.de/10012195414
a two-agent overlapping-generations model, we find that recent trends in income inequality and financial liberalization … those reducing the structural sources of high inequality. …
Persistent link: https://www.econbiz.de/10012199991