Karanassou, Marika; Sala, Hector - School of Economics and Finance, Queen Mary - 2012
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 inequality. On this basis, we estimate a two-equation model for the income distribution … noughties. In the Great Recession years of tense socioeconomic conditions, looking at income distribution through the lens of …