Inequality and finance in macrodynamics. ([2017])

• Record Type: Book
• Further Information: Note: Bettina Bökemeier, Alfred Greiner, editors.
• Editors: Bökemeier, Bettina; Greiner, Alfred
• Contents: Preface; Contents; Contributors; Inequality in Germany and the US: An Introductory Note; 1 Introduction; 2 Some Data; 2.1 Income Inequality; 2.2 Wealth Inequality; 3 Conclusion; References; Assessing Public Spending Efficiency in 20 OECD Countries; 1 Introduction; 2 Literature; 3 Methodology and Data; 3.1 Public Sector Performance (PSE); 3.2 Public Sector Efficiency; 3.3 Data Envelopment Analysis (DEA); 4 Empirical Analysis; 4.1 Public Sector Performance; 4.2 Public Sector Efficiency (PSE); 4.3 Data Envelopment Analysis (DEA); 5 Conclusion; Appendix; References. Government Debt, Fiscal Rules and Singular Growth Dynamics1 Introduction; 2 The Model; 2.1 Endogenous Debt Adjustment; 2.2 The DGE in Detrended Variables; 3 Local Analysis; 3.1 Impasse-Surface; 3.2 Balanced Growth Paths and Local Dynamics; 4 Equilibrium Dynamics; 4.1 Multiple Over-Determined BGP's; 4.2 Determinate BGP's; 5 Conclusion; Appendix: Proofs; References; Financial Liberalization, Inequality and Inclusion in Low-Income Countries; 1 Introduction; 2 Literature Review; 3 Data Description; 3.1 Measuring Income Inequality; 3.2 Measuring Capital Account Openness. 3.3 Identification Strategy4 Methodology; 4.1 The Baseline; 4.2 Mechanisms: Financial Development and Inclusion; 5 Results; 5.1 The Baseline; 5.1.1 Baseline Results; 5.1.2 Robustness Check with Local Projection Method; 5.1.3 Difference Between Equity, Bond and FDI Liberalization; 5.2 Mechanisms: Financial Development and Inclusion; 6 Conclusion; Appendix: Data Appendix; Current Account Openness Index; Regulation Reform; Macroeconomic Variables; Redistributive Policies; Credit Market Freedom Indicator; Financial Inclusion; References; On (Non- )Neutrality of Public Debt in Growing Economies. 1 Introduction2 The Growth Model with Flexible Wages and Elastic Labour Supply; 2.1 Model Structure; 2.1.1 The Household; 2.1.2 The Productive Sector; 2.1.3 The Government; 2.1.4 Equilibrium Conditions and the Balanced Growth Path; 2.2 Analysis of the Model; 3 The Model with Wage Rigidity; 3.1 The Model Setup; 3.1.1 The Household Sector; 3.1.2 The Productive Sector and the Labor Market; 3.1.3 The Government; 3.1.4 Equilibrium Conditions and Balanced Growth; 4 Analysis of the Model; 5 Conclusion; Appendix; Proof of Proposition 1; Proof of Proposition 2; Proof of Lemma 7; Proof of Proposition 3. Proof of Proposition 4Proof of Proposition 5; Proof of Proposition 6; References; Financial Intermediation and Directed Technical Change; 1 Introduction; 2 The Model; 2.1 The Economy; 2.2 Production Sectors; 2.2.1 Final Output; 2.2.2 Intermediate Production; 2.2.3 Capital Goods Production and Innovations; 2.3 Heterogeneous Consumers; 2.3.1 Workers; 2.3.2 Innovators; 2.3.3 Entrepreneurs; 2.4 Banking Sector; 2.5 Aggregation; 3 The Decentralized Equilibrium; 3.1 Producer Behavior; 3.1.1 Final Output; 3.1.2 Intermediate Output; 3.1.3 Capital Goods Production; 3.2 Consumer Behavior.
• Publisher Details: Cham, Switzerland : Springer
• Publication Date: 2017
• Copyright Date: 2017
• Extent: 1 online resource
• Subjects: 339.2; Economics; Macroeconomics; Distribution (Economic theory); Equality; Finance; Management science; Financial crises; Mathematics; Economic theory; Finance, Public; BUSINESS & ECONOMICS -- Economics -- Macroeconomics; POLITICAL SCIENCE -- Economic Conditions; Distribution (Economic theory); Equality; Finance; Macroeconomics; Business & Economics -- Economic History; Social Science -- Sociology -- General; Mathematics -- Game Theory; Business & Economics -- Economics -- Theory; Business & Economics -- Public Finance; Economic & financial crises & disasters; Social issues & processes; Game theory; Economic theory & philosophy; Public finance; Macroeconomics; Electronic books
• Languages: English
• ISBNs: 9783319546902; 3319546902
• Related ISBNs: 3319546899; 9783319546896
• Notes: Note: Includes bibliographical references.; Note: Online resource, title from PDF title page (EBSCO, viewed May 28, 2017).
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.