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Der kollektive „Buddenbrooks-Effekt“ Die Finanzmärkte und die Mittelschichten (PDF 610.1 kB)The paper views the current financial crisis in light of long-term structural socioeconomic changes in advanced industrial societies. In Western Europe, the United States and Japan, the period of economic prosperity after the Second World War led to a remarkable accumulation of wealth among the middle class that had surprisingly little effect on the substantial fortunes of the wealthiest upper class.
Author Deutschmann, Christoph
Institution Max Planck Institute for the Study of Societies, Cologne
Year 2008
Language German
Copyright by the author
Topics: Regulatory Tools | Regulatory Governance | Regulatory Governance / Bretton Woods et al. | Market RegulationPopular Tags: financial liquidity | capital markets | United States | structural upward social mobility | collective Buddenbrooks effect | multilevel analysis | instability | wealth | advanced industrial societies | structural changes | financial crisis | speculative bubbles | Europe | market regulation | Japan
Uploaded by Ulbricht, Tom
Date of Upload 11/13/2008
Last changed 03/05/2009