Titlebook: Inequality and Finance in Macrodynamics; Bettina B?kemeier,Alfred Greiner Book 2017 Springer International Publishing AG, part of Springer

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Davide Furceri,Jun Ge,Prakash Loungani in particular if the underlying system of PDEs represents a multi-scale, multi-physics problem. Therefore, reduced order modeling techniques such as balanced truncation model reduction, proper orthogonal decomposition, or reduced basis methods are used to significantly decrease the computational co

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Inequality in Germany and the US: An Introductory Note, the distribution of income and wealth has become more unequal during the past decades. We observe some changes in the figures especially for Germany indicating a more unequal situation at present. This holds for both, the income and the wealth inequality measures. Even though redistribution instrum

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Financial Intermediation and Directed Technical Change,of private agents in response to market incentives and can take different directions. Key feature is that innovators are capital constrained and need external funds to finance R&D effort. Financial intermediaries finance these ventures. The main theoretical result shows that credit interest rates—a

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Sustainability of Public Debt in an AK Model with Complex Tax System, public debt-to-GDP ratio that is compatible with a balanced growth path. If the ratio exceeds this critical level at time 0, then it diverges to + . as time passes. Analyzing a situation where the government marginally increases the consumption tax rate, the paper reveals the extent to which the go

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