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The interaction between income distribution, accumulation, employment and the utilization of capital is central to macroeconomic models in the 'heterodox' tradition. This paper examines the stylized pattern of these variables using US data for the period after 1948. We look at the trends and...
Persistent link: https://www.econbiz.de/10003989579
The own-wage elasticity (OWE) of employment estimated using minimum wage increases provides an economically meaningful measure of the policy on jobs. We discuss how to interpret the magnitude of the OWE, including in terms of welfare and under alternative models of the labor market. We present a...
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Examines the growth-employment-poverty reduction nexus through a gender perspective. In particular, it explores how changes in economic policies affect women's and men's employment and proposes ways of assessing the implications of these changes for poverty and gender equality
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