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Capital shares and income inequality: Evidence from the long run

8 Ιανουαρίου, 2016
Δεν επιτρέπεται σχολιασμός στο Capital shares and income inequality: Evidence from the long run

Bengtsson, Erik, Waldenström, Daniel, (2015), “Capital shares and income inequality: Evidence from the long run”, Centre for Economic Policy Research, Δεκέμβριος. This paper investigates the relationship between the capital share in national income and personal income inequality over the long run. Using a new historical cross-country database on capital shares in 19 countries and data from the World Top Income Database, we find strong long-run links between the aggregate role of capital …Read More

Βιβλιοθήκη » EE » Κοινωνία » Οικονομία » Επιστημονικά Άρθρα

Deleveraging, deflation and depreciation in the euro area

8 Ιανουαρίου, 2016
Δεν επιτρέπεται σχολιασμός στο Deleveraging, deflation and depreciation in the euro area

Kuvshinov, Dmitry, Müller, Gernot, Wolf, Martin, (2015), “Deleveraging, deflation and depreciation in the euro area”, Centre for Economic Policy Research, Δεκέμβριος. During the post-crisis period, economic performance has been highly heterogenous across the euro area. While some economies rebounded quickly after the 2009 output collapse, others are undergoing a protracted further decline as part of an extensive deleveraging process. At the same time, inflation has been subdued throughout the whole of the euro area and intra-euro-area …Read More

Βιβλιοθήκη » EE » Οικονομία » Επιστημονικά Άρθρα

Income changes and their determinants over the lifecycle

8 Ιανουαρίου, 2016
Δεν επιτρέπεται σχολιασμός στο Income changes and their determinants over the lifecycle

Hood, Andrew, Joyce, Robert, (2015), “Income changes and their determinants over the lifecycle”, IFS Working Paper, 21 Δεκεμβρίου. What explains the variation in how income changes as people age? Using household panel data, we investigate the contribution of different time-varying factors in explaining variation in income changes over prime working-age life (between 35-44 and 50-59). We find that demographic changes, such as acquiring or losing a partner and the entry or exit of …Read More

Βιβλιοθήκη » EE » Κοινωνία » Οικονομία » Επιστημονικά Άρθρα

Greece’s Two Currencies

8 Ιανουαρίου, 2016
Δεν επιτρέπεται σχολιασμός στο Greece’s Two Currencies

 Varoufakis, Yanis, (2016), “Greece’s Two Currencies”, Social Europe, 8 Ιανουαρίου. Imagine a depositor in the US state of Arizona being permitted to withdraw only small amounts of cash weekly and facing restrictions on how much money he or she could wire to a bank account in California. Such capital controls, if they ever came about, would spell the end of the dollar as a single currency, because such constraints are utterly …Read More

Βιβλιοθήκη » EE » Ελλάδα » Οικονομία » Άρθρα Γνώμης

Banking Union as a Shock Absorber: Lessons for the eurozone from the US

7 Ιανουαρίου, 2016
Δεν επιτρέπεται σχολιασμός στο Banking Union as a Shock Absorber: Lessons for the eurozone from the US

Gros, Daniel, Belke, Ansgar, (2015), “Banking Union as a Shock Absorber: Lessons for the eurozone from the US”, CEPS publications, 17 Δεκεμβρίου This book illustrates how the structure of the US banking market and the existence of federal institutions allowed regional financial shocks to be absorbed at the federal level in the US, thus avoiding local financial crisis. The authors argue that the experience of the US shows the importance of …Read More

Βιβλιοθήκη » EE » Οικονομία » Βιβλία

Another Slow Year for the Global Economy

5 Ιανουαρίου, 2016
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Mody, Ashoka, (2016), “Another Slow Year for the Global Economy”, Project Syndicate, 4 Ιανουαρίου Last April, the International Monetary Fund projected that the world economy would grow by 3.5% in 2015. In the ensuing months, that forecast was steadily whittled down, reaching 3.1% in October. But the IMF continues to insist – as it has, with almost banal predictability, for the last seven years – that next year will be …Read More

Βιβλιοθήκη » EE » Οικονομία » Άρθρα Γνώμης

Law and Economics-Philosophical Issues and Fundamental Questions

5 Ιανουαρίου, 2016
Δεν επιτρέπεται σχολιασμός στο Law and Economics-Philosophical Issues and Fundamental Questions

Hatzis, Aristides N., Mercuro, Nicholas (2015), “Law and Economics-Philosophical Issues and Fundamental Questions”, Routledge publications, Νοέμβριος. The Law and Economics approach to law dominates the intellectual discussion of nearly every doctrinal area of law in the United States and its influence is growing steadily throughout Europe, Asia, and South America. Numerous academics and practitioners are working in the field with a flow of uninterrupted scholarship that is unprecedented, as is its influence …Read More

Βιβλιοθήκη » EE » Οικονομία » Βιβλία

Designing tax policy in high-evasion economies

5 Ιανουαρίου, 2016
Δεν επιτρέπεται σχολιασμός στο Designing tax policy in high-evasion economies

Best, Michael, Brockmeyer, Anne, Kleven, Henrik, Spinnewijn, Johannes, Waseem, Mazhar, (2016) “Designing tax policy in high-evasion economies”, VoxEU, 5 Ιανουαρίου Developing economies are characterised by low tax revenue and widespread tax evasion. This column assesses what tax policy instruments governments should use to raise revenue. Optimal tax policy in developing countries may diverge from what is prescribed in standard textbook models. A turnover tax, for instance, is known to distort …Read More

Βιβλιοθήκη » EE » Οικονομία » Πολιτική » Άρθρα Γνώμης

‘Helicopter tax credits’ to accelerate economic recovery in Italy (and other Eurozone countries)

4 Ιανουαρίου, 2016
Δεν επιτρέπεται σχολιασμός στο ‘Helicopter tax credits’ to accelerate economic recovery in Italy (and other Eurozone countries)

Bossone, Biagio, Cattaneo, Marco, (2016), “‘Helicopter tax credits’ to accelerate economic recovery in Italy (and other Eurozone countries)”, Voxeu, 4 Ιανουαρίου The latest report of Italy’s leading investment bank, Mediobanca, presents a thorough analysis of the country’s recent economic developments. Σχετικές Αναρτήσεις Lorenzani, Dimitri, Reitano, Vito Ernesto, (2015), “Italy’s Spending Maze Runner – An analysis of the structure and evolution of public expenditure in Italy”, Discussion Paper No. 23, European Commission publications, Δεκέμβριος Berger, Bennet, (2015), …Read More

Βιβλιοθήκη » EE » Οικονομία » Κείμενα Πολιτικής

The Great Malaise Continues

4 Ιανουαρίου, 2016
Δεν επιτρέπεται σχολιασμός στο The Great Malaise Continues

Stiglitz, Joseph, (2016), “The Great Malaise Continues”, Project Syndicate, 3 Ιανουαρίου The year 2015 was a hard one all around. Brazil fell into recession. China’s economy experienced its first serious bumps after almost four decades of breakneck growth. The eurozone managed to avoid a meltdown over Greece, but its near-stagnation has continued, contributing to what surely will be viewed as a lost decade. Σχετικές Αναρτήσεις Dixon, H. (2014) “A New …Read More

Βιβλιοθήκη » EE » Οικονομία » Πολιτική » Άρθρα Γνώμης