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Bargaining, openness and the labor share
Schneider, Dorothee - 2011
Europe. Using a country-industry panel that covers the private sector, the paper focuses on long and short-run changes within …
Persistent link: https://www.econbiz.de/10010281547
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What determines the share of labour in national income? A cross-country analysis
Guerriero, Marta; Sen, Kunal - 2012
share around the world, in particular from the mid-1980s onwards. Using fixed effects regression methods on a panel dataset … data as well as 3- and 5-year averages, and after performing instrumental variable estimation. They suggest that trade …
Persistent link: https://www.econbiz.de/10010283932
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U.S. wage-price dynamics, before, during and after COVID-19, through the lens of an empirical econometric model
Bårdsen, Gunnar; Nymoen, Ragnar - 2024
inflation more broadly. Estimation and simulation results indicate that wage growth was strongly affected early in the pandemic …
Persistent link: https://www.econbiz.de/10015054212
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Globalization, EU Enlargement and Income Distribution
Breuss, Fritz - 2007
hypothetical two-country CGE model, including the EU and the CEECs. A panel regression for both regions separately helps to decide …
Persistent link: https://www.econbiz.de/10011435223
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Innocent bystanders? Monetary policy and inequality in the US
Coibion, Olivier; Gorodnichenko, Yuriy; Kueng, Lorenz; … - 2012
We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total income, consumption and total expenditures....
Persistent link: https://www.econbiz.de/10010287628
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Interest rate reaction functions for the euro area Evidence from panel data analysis
Ruth, Karsten - 2004
interest rate reaction functions based on a panel including actual EMU Member States. We find that exploiting the cross …-section dimen- sion of a multi-country panel and accounting for cross-country heterogeneity in advance of the single monetary policy … panel reaction function which is demonstrated to be a valuable tool for evaluating episodes of monetary policy since 1999. …
Persistent link: https://www.econbiz.de/10010295660
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Trade's impact on the labor share: Evidence from German and Italian regions
Buch, Claudia M.; Monti, Paola; Toubal, Farid - 2008
Has the labor share declined? And what is the impact of international trade? These questions are not only relevant in an international context they also matter for understanding the regional distribution of incomes in a given country. In this paper, we study two regions with trade exposures that...
Persistent link: https://www.econbiz.de/10010270653
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Globalization, creative destruction, and labor share change: Evidence on the determinants and mechanism from longitudinal plant-level data
Maliranta, Mika; Böckerman, Petri - 2009
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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The labor share: A review of theory and evidence
Schneider, Dorothee - 2011
Persistent link: https://www.econbiz.de/10010281476
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Labour market institutions and the personal distribution of income in the OECD
Checchi, Daniele; Peñalosa, Cecilia García - 2005
differentials, a higher labour share, and also higher unemployment. We then use a panel of OECD countries for the period 1970-96 to …
Persistent link: https://www.econbiz.de/10010267323