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

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Financing Sustainable Growth Through Energy Exports and Implications for Human Capital Investment,hin a context that includes global financial markets and exports of non-renewable energy. These are frequently related to issues of debt accumulation, which naturally raises questions relating to sustainability and welfare—both present and future. Energy export’s contribution to economic growth is e

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Macroeconomic Risk, Fiscal Policy Rules and Aggregate Volatility in Asymmetric Currency Unions: A Bf a heterogeneous perception of the determinants of sovereign risk by the government and the market participants. The macro-economic volatility resulting from various types of fiscal policy rules aimed at the stabilization of sovereign debt is investigated through numerical simulations. Among other

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Book 2017Research on inequality has had a long tradition in economics. With the financial crisis from 2007, not only output decreased tremendously, but also inequality has risen since then. The book presents selected contributions of a workshop held at Bielefeld University in 2016 and features additional pap

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On (Non-)Neutrality of Public Debt in Growing Economies,When wages are rigid public debt is neutral in the sense that it does not affect the allocation of resources along the balanced growth path. Finally, in both cases the economy is stable only if the government puts a sufficiently high weight on stabilizing public debt.

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Sustainability of Public Debt in an AK Model with Complex Tax System,vernment can then cut the income tax rate while maintaining the sustainability of public debt. Tax rates that are compatible with the balanced growth are also derived as a function of the initial level of debt-to-GDP ratio.

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1566-0419 the effects of the financial crisis of 2007 on the distribu.This contributed volume combines approaches of the current inequality debate with aspects of finance based on profound macroeconomic model analyses. Research on inequality has had a long tradition in economics. With the financial crisis fr