Is aggregate demand wage-led or profit-led? National and global effects
"This paper estimates the effects of a change in the wage share on growth in the G20 countries using a post-Keynesian/post-Kaleckian model, analyses the interactions among different economies, and calculates the global multiplier effects of a simultaneous decline in the wage share."
Main Authors: | Onaran, Özlem, Galanis,Giorgos |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Geneva
2012
ILO |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19120580124919487629-is-aggregate-demand-wage-led-o.htm |
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