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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 … zugenommen hat.Der vorliegende Beitrag ergänzt die Verteilungsdebatte um eine um Spitzengehälter bereinigte Lohnquote, da diese … hohen, zu meist aus Optionen bestehenden Gehälter näher an den Profiten als an den Löhnen sind. Der Verlauf der Lohnquote …
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country. The method is applied to Germany using micro data of the years 1976, 1985, 1995, and 2006. The obtained average …
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In this paper, we investigate how de facto financial globalization has influenced the labor share in developing countries. Our main argument is the need to distinguish between different types of capital in this context, as different forms of foreign investment have different fixed costs and...
Persistent link: https://www.econbiz.de/10011581740
This paper contributes to the literature on secular stagnation by estimating a measure of potential output growth for the post-war US economy derived from a novel model specification that allows for the cyclical interactions between income distribution, represented by the trajectory of the labor...
Persistent link: https://www.econbiz.de/10012007772
We analyse how changes in international trade integration affect productivity and the functional income distribution. To account for endogeneity, we construct a leave-out measure for international trade integration for country-industry pairs using international input-output tables. First, we...
Persistent link: https://www.econbiz.de/10014246661
We analyze how changes in international trade integration affect productivity and the functional income distribution. To account for endogeneity, we construct a leave-out measure for international trade integration for country-industry pairs using international input-output tables. Our findings...
Persistent link: https://www.econbiz.de/10014444832
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