Lin, Chang-Ching; Chang, Juin-Jen; Lu, Shu-Shiuan - Institute of Economics, Academia Sinica - 2014
This paper sheds light on three important issues in the macroeconomics literature, which comes to a better understanding of Taiwan’s wage stagnation. First, we explore the trend of labor income shares, namely the labor income-output ratios, in Taiwan. This enables us to understand the...