CORDIS Project
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This project analyzes the distribution of national income between profits and wages, focusing on the labor share in various countries and industries. It aims to understand the factors influencing labor share fluctuations and their implications for economic policy.
This project will investigate the distribution of national income between profits and wages as proxied by the labour share in national income.
The focus will be to identify the empirical regularities of factor shares in developed and emerging countries and across industries.
In 1957, Kaldor established an influential stylised fact for macroeconomic modelling: the stability of the labour share.
This finding, which has implications for macroeconomic dynamics, the shape of the production function a…
TRAPEZA TIS ELLADOS AE
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