Record Nr.

UNINA9910464183803321

Titolo

Wage-led growth : an equitable strategy for economic recovery / / edited by Marc Lavoie and Engelbert Stockhammer

Pubbl/distr/stampa


New York : , : Palgrave Macmillan, , 2013

ISBN

92-2-127488-8

Descrizione fisica

1 online resource (209 p.)

Collana

Advances in labour studies

Altri autori (Persone)

LavoieM (Marc)

StockhammerEngelbert <1969->

Disciplina

339.4/1

Soggetti

Wages

Profit

Income distribution

Economic development

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; Half-Title; Title; Copyright; Contents; List of Tables and Figures; Tables; Figures; Foreword; Preface; Notes on Contributors; Introduction; Table I.1 Labour income share as percentage of GDP at current factor costs or wage share in GDP, in percentage, G20 countries, average values over the trade cycle, early 1980's-2008; Table I.2 The share of top 1 per cent earners' income in total income, mid-1970's to mid-2000's; 1 Wage-led Growth: Concept, Theories and Policies; Table 1.1 Pro-labour and pro-capital distributional policies; Table 1.2 Definition of profit-led and wage-led regimes

Table 1.3 Viability of growth regimes Table 1.4 Actual growth strategies in the economic regime/distributional policies framework; Table 1.5 Economic structure: wage-led and profit-led demand regimes; Table 1.6 Effects of an increase in the wage share and domestic and total demand regimes; Table 1.7 Economic structure: wage-led and profit-led productivity regimes; Table 1.8 Total productivity effect of an increase in the wage share, when the partial productivity regime is wage-led

Table 1.9 Summary of the results of Onaran and Galanis (2013): effects

of a national and global one percentage point increase in the profit share 2 Why Have Wage Shares Fallen? An Analysis of the Determinants of Functional Income Distribution; Figure 2.1 Adjusted wage shares in advanced countries, Germany, Japan and the United States, 1970-2010; Figure 2.2 Adjusted wage share in developing countries; Figure 2.3 Key determinants of functional income distribution; Table 2.1 Results for the baseline specification and variations; Figure 2.4 Baseline explanatory variables for developing countries

Figure 2.5 Baseline explanatory variables for advanced countries Table 2.2 Results for the baseline specification - advanced countries; Figure 2.6 Contributions to the change in the wage share for all countries,1990/94 to 2000/04; Figure 2.7 Contributions to the change in the wage share for advanced countries,1980/84-2000/4; Table A.1 Variables - all countries; Table A.2 Variables - additional variables for advanced countries; 3 Is Aggregate Demand Wage-led or Profit-led? A Global Model; Figure 3.1 Wage share (adjusted, ratio to GDP at factor cost)

Table 3.1a Average growth of GDP (%), developed countries Table 3.1b Average growth of GDP (%), developing countries; Table 3.2 The summary of the effects of a 1 percentage point increase in the profit share; Table 3.3 Two wage-led recovery scenarios; 4 Wage-led or Profit-led Supply: Wages, Productivity and Investment; Table 4.1 Estimates of the impact of (investment) demand growth on productivity growth; Table 4.2 Estimates of the impact of real wage growth on productivity growth; Figure 4.1 A model of wage-led growth with exogenous productivity; Figure 4.2 A model of wage-led growth

Figure 4.3 A model of profit-led growth

Sommario/riassunto

This book examines the causes and consequences associated with the falling wage share and rising inequality in income distribution, relating to both aggregate demand and labour productivity. It presents new empirical and econometric evidence regarding the economic causes and potential impact of changing income distribution. The volume argues that distributional shifts in favour of capital and the rise in income inequality have reduced economic growth and increased economic instability.

Record Nr.

UNISA996389817103316

Titolo

His Maiesties letter, January the 24. 1641 in answer to the petition of both Houses of Parliament [[electronic resource] ] : as it was presented by the Earle of Newport, and the Lord Seymer, Jan. 21 1641 : likewise the copie of a letter sent from Scotland by the Lord Rothes to the Lords Commissioners here in England for that kingdome ... : together with an information of two letters by some persons privately intended for France, which were intercepted by the way and conveyed into England

Pubbl/distr/stampa


London, : Printed for John Thomas, 1641

Descrizione fisica

[6] p

Altri autori (Persone)

Charles, King of England, <1600-1649.>

Soggetti

Great Britain Politics and government 1625-1649