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reliance on arms exports to oil rich countries. Over the past quarter century, the progressive politicization of the oil … dependent on the precarious interaction between rising oil prices and expanding arms exports emanating from successive Middle …
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In this second part of our study we survey the rapidly expanding empirical literature on the determinants of the functional distribution of income. Three major strands emerge: technological change, international trade, and financialization. All contribute to the fluctuations of the labor share,...
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