-sharing scheme would not cause any negative macroeconomic consequences. Instead, a higher accumulation of external debt … directly to the central bank provides more economic security than external debt finance. …

income share. We revisit and extend previous empirical research on democratic political institutions and the labor share …

Changes in the labor share of national income affect inequality (Piketty 2014). This paper aims at investigating the …, contributing to the fast rises in income inequality in the PRC. However, the employment proportion of state-owned enterprises seems … to have played a role in offsetting this negative effect, helping contain inequality. In recent years, both effects have …

inequality are scarce. This paper estimates the impact of aging on inequality via the perspective of labor income share, based on … income inequality, (ii) this positive impact is because aging leads to a lower share of labor income, and (iii) more …

been trending downward in the last three decades. This decline must have contributed to rising inequality as labor income … is more evenly distributed than capital income. This study contributes to the literature on income inequality by …

to expand the standard drivers of labor shares - technological advance, trade, institutions, and policies - by …