Higher profits and lower capital prices: is factor allocation optimal?
From an international perspective, the European rate of unemployment has been high and growing over the last one to two decades; against this background, the parallel rise in profit shares in a number of European countries seems to be at odds with expected economic behaviour.
Year of publication: |
1999-04
|
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Authors: | Yndgaard, E. ; Andersen, Palle S. ; Klau, Marc |
Institutions: | Bank for International Settlements (BIS) |
Saved in:
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