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This article explores the impact of innovation, offshoring and demand on profits and wage dynamics. The growing relevance of functional distribution in terms of explaining personal distribution underscores the importance of our results for understanding recent increases in inequality. The...
Persistent link: https://www.econbiz.de/10011420638
The evidence on growing inequality in OECD countries has raised an important debate over its main drivers, pointing out an increasing importance of the capital-labour conflict. In this contribution, we aim at disentangling the role of some of the forces shaping this process. Our identification...
Persistent link: https://www.econbiz.de/10011341894
This article shows - on both conceptual and empirical grounds - the importance of business cycles in affecting key relationships between innovation and international performance. While periods of upswing are characterised by a well documented 'virtuous circle'. between innovation inputs, new...
Persistent link: https://www.econbiz.de/10010530673
Workers who perform their occupations through platforms are becoming an increasing share of the labour force. The debate is polarized between those arguing for platforms as an instrument to increase flexibility and labor force participation, and those who see it as a further mechanism to...
Persistent link: https://www.econbiz.de/10012030427