Showing 1 - 10 of 396
This Working Paper examines India's growth and employment generation performance over the last ten years in the context …
Persistent link: https://www.econbiz.de/10010437775
We study the behavior of the US labor share over the past 70 years. We find that the capitalization of intellectual property products in the national income and product accounts entirely explains - in a purely accounting sense - the observed decline of the US labor share. We assess the...
Persistent link: https://www.econbiz.de/10011932539
revenues on the economic growth rates of major oil producing countries (namely the GCC - Gulf Corporation Council - countries …, since the growth in size of the public sector is unable to compensate for the reduction in size of the private sector, an …
Persistent link: https://www.econbiz.de/10009231644
This paper uses a model of intergenerational accounting to simulate the intergenerational distribution of oil wealth in Venezuela. Venezuelan oil production does not seem to follow an optimal extraction path. Nevertheless, this is true if we do not consider what the government does with the...
Persistent link: https://www.econbiz.de/10012583980
This paper seeks to identify the most promising fiscal strategy to boost long-term economic growth in Argentina and … quantify its effects. To this end, the authors updated a growth-diagnostics study for Argentina and corroborated that low … improved appropriability and long-term growth. …
Persistent link: https://www.econbiz.de/10011303821
We analyze the effectiveness of an increase in government consumption for stimulating growth for diverse levels of … public debt in the European Union. We conclude, that growth rate can be stimulated in the short run by an increase in … more effective than an increase in compensation of public employees in stimulating output growth. …
Persistent link: https://www.econbiz.de/10011717820
with respect to productivity, we demonstrate that productivity growth affects the labour share in the long run due to … frictional growth (that is, the interplay of wage dynamics and productivity growth). In the light of this result, we consider a …
Persistent link: https://www.econbiz.de/10003990440
UK, where a 1% growth in employment was achieved at the expense of 1.3% worsening in income inequality. In the light of …
Persistent link: https://www.econbiz.de/10009157624
functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and …
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