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The role of the wage-productivity gap in economic activity
Karanassou, Marika; Sala, Hector - In: International review of applied economics 28 (2014) 4, pp. 436-459
Persistent link: https://www.econbiz.de/10010355847
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Inequality and employment sensitivities to the falling labour share
Karanassou, Marika; Sala, Hector - In: The economic and social review 43 (2012) 3, pp. 343-376
Persistent link: https://www.econbiz.de/10009625595
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Inequality and employment sensitivities to the falling labour share
Karanassou, Marika; Sala, Hector - 2011
inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate … contributions of the labour share to the trajectories of inequality and employment during specific time intervals in the post-1990 … years. We find that during the nineties the cost of a one percent increase in employment was in the range of 0 …
Persistent link: https://www.econbiz.de/10009157624
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Inequality and employment sensitivities to the falling labour share
Karanassou, Marika; Sala, Hector - 2011
inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate … contributions of the labour share to the trajectories of inequality and employment during specific time intervals in the post-1990 … years. We find that during the nineties the cost of a one percent increase in employment was in the range of 0 …
Persistent link: https://www.econbiz.de/10009309510
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Employment in Spanish regions : cost control or growth-enhancing policies?
Bande Ramudo, Roberto; Karanassou, Marika; Sala, Hector - 2017
such groups of regions react differently to key drivers of employment and wage setting. We find that the low income (high … turn, the high income (low employment) ones are more sensitive to the wage-productivity gap, and thus to the strategy that …
Persistent link: https://www.econbiz.de/10011756109
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On the interplay between Keynesian and supply side economics
Karanassou, Marika; Snower, Dennis J. - 2007
; employment ; wage setting ; labour force participation ; labour market dynamics ; unemployment persistence ; imperfect …
Persistent link: https://www.econbiz.de/10009736646
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On the interplay between Keynesian and supply side economics
Karanassou, Marika; Snower, Dennis J. - 2007
Persistent link: https://www.econbiz.de/10003474033
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Inequality and Employment Sensitivities to the Falling Labour Share
Karanassou, Marika; Sala, Hector - 2021
inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate … contributions of the labour share to the trajectories of inequality and employment during specific time intervals in the post-1990 … years. We find that during the nineties the cost of a one percent increase in employment was in the range of 0 …
Persistent link: https://www.econbiz.de/10013316000
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Inequality and employment sensitivities to the falling labour share
Karanassou, Marika; Sala, Hector - 2011
inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate … contributions of the labour share to the trajectories of inequality and employment during specific time intervals in the post-1990 … years. We find that during the nineties the cost of a one percent increase in employment was in the range of 0 …
Persistent link: https://www.econbiz.de/10010286279
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Unemployment Invariance
Karanassou, Marika; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2002
This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and the labor force. Using Solow growth and endogenous growth...
Persistent link: https://www.econbiz.de/10005822664