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18th Conference of the Research Network Macroeconomics and Macroeconomic Policies

WWWforEurope at the 18th Conference of the Research Network Macroeconomics and Macroeconomic Policies

Conference topic: Inequality and the Future of Capitalism

Berlin, Germany, 30 October - 1 November, 2014

 

WWWforEurope researchers Wilfried Altzinger and Asjad Naqvi presented their research results at the 18th annual conference on Inequality and the Future of Capitalism, organised by the Research Network Macroeconomics and Macroeconomic Policies.

Alyssa Schneebaum, Bernhard Rumplmaier and Wilfried Altzinger (all of Vienna University of Economics and Business) investigated "Gender and migration background in intergenerational education mobility", published as WWWforEurope Policy Paper No. 11. They found that the educational attainment of girls and migrants relative to their parents is less mobile than for boys and non-migrants. Further, the immobility of educational attainment is increased by the intersection of these identities: migrant girls are the least educationally mobile group and are especially likely to follow their mothers’ educational footsteps, while non-migrant boys are the most mobile, especially compared to their mothers.

Asjad Naqvi presented WWWforEurope Policy Paper No. 18, "Growth, Distributions, and the Environment. A Stock-Flow Consistent Framework for Policy Analysis". The paper presents a benchmark multi-sectoral stock-flow consistent (SFC) macro model which addresses issues of production, energy, and emissions in a demand-driven framework. The model introduces three innovations in modeling the production side of the economy and five policy experiments are conducted on a calibrated economy. Results show that different policy channels can yield the same macro outcomes although through very different adjustment processes especially in unemployment, prices, and income distributions.