in Cambridge Journal of Economics
May 2007; p ublished online January 2007 .
Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; General Aggregative Models; Labour-Management Relations, Trade Unions, and Collective Bargaining; International Finance. 8695 words.
This paper investigates the relationship between capital account openness and the share of labour in national income. Employing a new index of financial openness and a cross-country panel...
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