2015 | OriginalPaper | Buchkapitel
Functional Income Distribution in European Transition Countries
verfasst von : Ana Rincon-Aznar, Michela Vecchi, Francesco Venturini
Erschienen in: Inequalities During and After Transition in Central and Eastern Europe
Verlag: Palgrave Macmillan UK
Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.
Wählen Sie Textabschnitte aus um mit Künstlicher Intelligenz passenden Patente zu finden. powered by
Markieren Sie Textabschnitte, um KI-gestützt weitere passende Inhalte zu finden. powered by
The labour share, the proportion of income that is distributed to workers, has been decreasing in most OECD countries since the mid-1980s, a phenomenon that has attracted much interest among economists and policy makers because of its implications for growth and welfare. In fact, the labour share is considered a measure of how the benefits of growth are distributed between labour and capital, and its decrease indicates that workers in a country are getting a declining share of the wealth produced within that country.