Showing 1 - 10 of 502
This paper analyzes the relationship between functional income distribution aggregate demand and economic growth in five Central American countries; Costa Rica, El Salvador, Honduras, Nicaragua, and Panama for the period 1970-2016. It estimates the effects of a change in the wage share on...
Persistent link: https://www.econbiz.de/10012387910
explore a number of alternative explanations of our results, including changes in the cost of capital, shifts in the … composition of industrial sectors, the growing importance of intangible capital, and a temporary crisis phenomenon. We conclude …
Persistent link: https://www.econbiz.de/10012287908
This paper analyzes the relationship between functional income distribution aggregate demand and economic growth in five Central American countries; Costa Rica, El Salvador, Honduras, Nicaragua, and Panama for the period 1970-2016. It estimates the effects of a change in the wage share on...
Persistent link: https://www.econbiz.de/10012406275
explore a number of alternative explanations of our results, including changes in the cost of capital, shifts in the … composition of industrial sectors, the growing importance of intangible capital, and a temporary crisis phenomenon. We conclude …
Persistent link: https://www.econbiz.de/10012609070
This paper studies the effects of an (exogenous) increase of nominal wages on profits, output, and growth. Inspired by an article by Micha± Kalecki (1991), who concentrated on the effects on total profits, the paper develops a model that explicitly considers the dynamics of demand, prices,...
Persistent link: https://www.econbiz.de/10010286516
explore a number of alternative explanations of our results, including changes in the cost of capital, shifts in the … composition of industrial sectors, the growing importance of intangible capital, and a temporary crisis phenomenon. We conclude …
Persistent link: https://www.econbiz.de/10012154155
explore a number of alternative explanations of our results, including changes in the cost of capital, shifts in the … composition of industrial sectors, the growing importance of intangible capital, and a temporary crisis phenomenon. We conclude …
Persistent link: https://www.econbiz.de/10012137922
explore a number of alternative explanations of our results, including changes in the cost of capital, shifts in the … composition of industrial sectors, the growing importance of intangible capital, and a temporary crisis phenomenon. We conclude …
Persistent link: https://www.econbiz.de/10012214310
explore a number of alternative explanations of our results, including changes in the cost of capital, shifts in the … composition of industrial sectors, the growing importance of intangible capital, and a temporary crisis phenomenon. We conclude …
Persistent link: https://www.econbiz.de/10012436191
liquidity constraints, rather than by affecting the desired stock of capital. Counterfactual simulations show that US … manufacturing investment would have been 61% higher and the capital stock would have been 17% higher in 2004 if the dollar had not …
Persistent link: https://www.econbiz.de/10005162566