Abstract Beginning in the Progressive Era, social workers collaborated with home
economists to improve financial wellbeing in US cities swelling with poor rural migrants and …

A U-shaped relationship between development and the labor share of income is brought to
light. To do so, a panel dataset on the labor share in the manufacturing sector of developing …

The tax wedge mainly quantifies the extent to which tax on labour income enervates
employment and it reflects the total labour costs. It is commonly defined as the ratio between …

This paper presents an analysis of the trend and patterns of the share of labour in GDP, the
gap between wage and productivity, and inequality with a focus on Asia-Pacific countries for …

This paper links the debate on the decrease in competitiveness and busi ness dynamism
with that on rising inequality. We build a framework with entry, imperfect competition …

We examine the impact of changes in local labor market concentration on two components
of income inequality in Mexico: local wage shares and labor income inequality. Combining …

Mainstream economics has until recently considered labor share as constant. However,
early empirical evidence shows that labor share increased during the last decades of the …

In recent decades there has been a growing interest around functional income distribution.
The functional income distribution determines how output is distributed among the factors of …

This paper provides an incomplete markets model with oligopolistic competition among an
endogenous number of producers. The model matches the empirical distribution of income …

Balance-of-payment issues are at the heart of most financial crises. Put simply, such issues
arise as the result of fundamental imbalances in the current-accounts of major economies. In …