Narrow search
Showing 1 - 10 of 42,636
Cover Image
EU-induced financialisation and its impact on the Greek wage share, 1999-2021
Gouzoulis, Giorgos; Iliopoulos, Panagiotis; Galanis, Giorgos - 2022
This paper examines the determinants of the income share of wage earners in the nonfinancial, private sectors of Greece … since its introduction to the Eurozonein 1999. The main outcome of the integration of Greece into the Eurozone has been the … financialisation of its economy, which has been particularly influential for households since it led to the rapid rise of household …
Persistent link: https://www.econbiz.de/10013470905
Cover Image
Empirical studies
Giovannoni, Olivier - 2014
In this second part of our study we survey the rapidly expanding empirical literature on the determinants of the functional distribution of income. Three major strands emerge: technological change, international trade, and financialization. All contribute to the fluctuations of the labor share,...
Persistent link: https://www.econbiz.de/10010356672
Cover Image
Theories
Giovannoni, Olivier - 2014
This series of working papers explores a theme enjoying a tremendous resurgence: the functional distribution of income - the division of aggregate income by factor share. This first installment surveys some landmark theories of income distribution. Some provide a technology-based account of the...
Persistent link: https://www.econbiz.de/10010356673
Cover Image
What do we know about the labor share and the profit share? Part I: Theories
Giovannoni, Olivier - 2014
This series of working papers explores a theme enjoying a tremendous resurgence: the functional distribution of income - the division of aggregate income by factor share. This first installment surveys some landmark theories of income distribution. Some provide a technology-based account of the...
Persistent link: https://www.econbiz.de/10010513050
Cover Image
What do we know about the labor share and the profit share? Part II: Empirical studies
Giovannoni, Olivier - 2014
In this second part of our study we survey the rapidly expanding empirical literature on the determinants of the functional distribution of income. Three major strands emerge: technological change, international trade, and financialization. All contribute to the fluctuations of the labor share,...
Persistent link: https://www.econbiz.de/10010513059
Cover Image
Measures and structural factors
Giovannoni, Olivier - 2014
Economic theory frequently assumes constant factor shares and often treats the topic as secondary. We will show that this is a mistake by deriving the first high-frequency measure of the US labor share for the whole economy. We find that the labor share has held remarkably steady indeed, but...
Persistent link: https://www.econbiz.de/10010358421
Cover Image
What Do We Know About the Labor Share and the Profit Share? Part III : Measures and Structural Factors
Giovannoni, Olivier G. - 2014
Economic theory frequently assumes constant factor shares and often treats the topic as secondary. We will show that this is a mistake by deriving the first high-frequency measure of the US labor share for the whole economy. We find that the labor share has held remarkably steady indeed, but...
Persistent link: https://www.econbiz.de/10013053124
Cover Image
What Do We Know About the Labor Share and the Profit Share? Part II : Empirical Studies
Giovannoni, Olivier G. - 2014
In this second part of our study we survey the rapidly expanding empirical literature on the determinants of the functional distribution of income. Three major strands emerge: technological change, international trade, and financialization. All contribute to the fluctuations of the labor share,...
Persistent link: https://www.econbiz.de/10013053661
Cover Image
What Do We Know About the Labor Share and the Profit Share? Part I : Theories
Giovannoni, Olivier G. - 2014
This series of working papers explores a theme enjoying a tremendous resurgence: the functional distribution of income — the division of aggregate income by factor share. This first installment surveys some landmark theories of income distribution. Some provide a technology-based account of...
Persistent link: https://www.econbiz.de/10013053663
Cover Image
"What Do We Know About the Labor Share and the Profit Share? Part I: Theories"
Giovannoni, Olivier - Levy Economics Institute - 2014
This series of working papers explores a theme enjoying a tremendous resurgence: the functional distribution of income--the division of aggregate income by factor share. This first installment surveys some landmark theories of income distribution. Some provide a technology-based account of the...
Persistent link: https://www.econbiz.de/10010775075