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In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and disclose the dramatic upward trend in...
Persistent link: https://www.econbiz.de/10009562971
In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution in the US over the 1968-2014 period. We show that the labour share is affected negatively by personal inequality, capital intensity and...
Persistent link: https://www.econbiz.de/10011756104
Advertisements provide consumers with knowledge about private products, whereas political information is required to provide voters with knowledge of public issues. Modern information technologies and globalisation are increasing the exposure of individuals to information. Goods advertising is...
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We examine how globalization affects firms incentives to train workers. In our model, firms invest in productivity … firms in countries with different training systems face globalization of product markets. In particular, apprenticeship …
Persistent link: https://www.econbiz.de/10001957223
This report constitutes the first deliverable of the project ENGIME Economic Growth and Innovation in Multicultural Environments, financed by the European Commission FP5 Key Action: Improving socio-economic knowledge base. Contract HPSE-CT2001-50007
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