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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 Wealth and Income Database, we find strong long-run links between the aggregate role of capital in the economy and the size distribution of income. Over time, t
Research in service management and marketing has in the past decade highlighted the concept of value creation. In service organizations value creation is described as a process in which the customer uses a company's value proposition in a meaningful way. However, research has tended to ignore the contextual meaning, and few empirical studies have shown how context is relevant. Therefore, the aim o
This paper presents the solution to a general decentralized state-feedback problem, in which the plant and controller must satisfy the same combination of delay constraints and sparsity constraints. The control problem is decomposed into independent subproblems, which are solved by dynamic programming. In special cases with only sparsity or only delay constraints, the controller reduces to existin
Om kontrafaktisk historia.
Abstract is not available