Functional Income Distribution and Its Role in Explaining Inequality

Functional Income Distribution and Its Role in Explaining Inequality
This paper is motivated by two parallel trends: the declining labor share of income and increasing inequality. Micro and macroeconomic data, covering up to 93 countries between 1970 and 2013, are used to assess whether the declining labor share of income has been a key factor driving growing inequality. The major conclusion is that changes in... READ MORE...

Publication date: November 2015
ISBN 9781513549828
$18.00

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