Abstract
The paper applies a methodological tool able to frame national policies with sustainable financial flows between social groups. In effect, exchange entitlement mapping (E-mapping) shows the interdependency of capital and labor earnings across social groups, which is then accounted for in the policy planning of future financial flows for the green transition. First, the paper highlights the extent to which herd behavior feeds into capital and labor earnings by social, occupational, demographic, and regional groups for the United Kingdom, France, and Italy over the past 40 years. Second, learning from these past trends, the paper proposes a policy framing of “sustainable earning trends” to hamper or facilitate financial flows towards sectors, occupations, and regions prone to herd behavior. The paper concludes that for an economic system to be resilient, it should be able to recycle external shocks on group earnings into economic opportunities for the green transition.
Original language | English |
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Article number | 5776 |
Journal | Sustainability |
Volume | 13 |
Issue number | 11 |
DOIs | |
Publication status | Published - 21 May 2021 |
Keywords
- Earnings
- Financial accumulation
- Group behavior
ASJC Scopus subject areas
- Geography, Planning and Development
- Renewable Energy, Sustainability and the Environment
- Environmental Science (miscellaneous)
- Energy Engineering and Power Technology
- Management, Monitoring, Policy and Law