Karanassou, Marika; Sala, Hector - Institut zur Zukunft der Arbeit <Bonn> - 2011
This paper aims at identifying the labour share (wage-productivity gap) as a major factor inthe evolution of inequality and employment. To this end, we use annual data for the US, UKand Sweden over the past forty years and estimate country-specific systems of labourdemand and Gini coefficient...