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Macroeconomics: Consumption, Saving, Production, Employment, and Investment x Labour and Demographic Economics x General Aggregative Models x Labour-Management Relations, Trade Unions, and Collective Bargaining x clear all

Capital account openness and the labour share of income

Arjun Jayadev.

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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Profit sharing and its effect on income distribution and output: a Kaleckian approach

Hiroaki Sasaki.

in Cambridge Journal of Economics

March 2016; p ublished online February 2015 .

Journal Article. Subjects: General Aggregative Models; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Labour-Management Relations, Trade Unions, and Collective Bargaining. 8350 words.

This study investigates how profit sharing influences the economy by using a Kaleckian model. Unlike existing research, I endogenise the profit share. The analysis shows that profit sharing...