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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/10010368155
In Germany, two observations can be made over the past 20 years: First, income inequality has been constantly …
Persistent link: https://www.econbiz.de/10011600923
In Germany, two observations can be made over the past 20 years: First, income inequality has been constantly …
Persistent link: https://www.econbiz.de/10010269667
Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood …
Persistent link: https://www.econbiz.de/10010274876
Persistent link: https://www.econbiz.de/10010335719
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increased in Germany as well, business owners are still at the top of the income hierarchy. Therefore, the adjustment of the …
Persistent link: https://www.econbiz.de/10010460502
the countries' averages. At the same time, there has been a more pronounced decline in the labor share in East Germany … than in West Germany. In Southern Italy, the labor share has increased in recent years. We show that increased trade …
Persistent link: https://www.econbiz.de/10010270653
We examine the sources and micro-level mechanisms of the changes in the labor share of value added. We link the micro-level dynamics of the labor share change with that of productivity and wage growth. Using a useful variant of the decomposition method we make a distinction between the change in...
Persistent link: https://www.econbiz.de/10010273032
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