utilization. First, it explains why utilization is a crucial variable for the various theories of growth and distribution … growth rate of demand that matters, not the level of demand.The paper makes three contributions. First, following up on …

ageing on economic growth, capital deepening and robotisation in 27 European Union (EU) labour markets. First, we … econometrically assess the effects of ageing and potential labour market shortages on growth. Second, we test the hypothesis of …

distribution and growth. The focus is on the effects of changes in distribution between shareholders/rentiers, firms and workers …, as well as on the effects of increasing "shareholder value orientation" of management's investment decisions. An isolated … increase in the "shareholder value orientation" of management's investment decisions has a uniquely negative effect on capacity …