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McAdam, Peter; Willman, Alpo - In: Journal of money, credit and banking : JMCB 45 (2013) 8, pp. 1547-1579

Persistent link: https://www.econbiz.de/10010344571

Optimal taxation of capital in the presence of declining labor share

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Quantifying market power and business dynamism in the macroeconomy

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Rising corporate power and declining labor share in the era of Chicago School antitrust

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Labor-intensive firms are a catalyst for monetary policy and its distributive effects

Fritsche, Jan Philipp - In: DIW weekly report : economy, politics, science : a … 11 (2021) 35/36, pp. 261-266

The mandate of the European Central Bank’s monetary policy is to ensure price stability. Interest rate changes by the ECB affect labor costs and the value added of firms. If both dimensions are not equally affected, monetary policy has a distributive effect between workers and shareholders....

Persistent link: https://www.econbiz.de/10012624800