This paper investigates labor and profit share trends across Advanced Economies. It shows that Real Estate is the primary driver of declining labor shares outside the US. Excluding Real Estate, non-US labor and profit shares have remained relatively stable since the 1970s. By contrast, the US...

The success of the profound restructuring changes in the Polish economy depended mainly on the effectiveness of the reforms concerning the restructured properties in all sectors. This required a new approach to private property, determining the new role and place of employees in the process of...