Is aggregate demand wage-led or profit-led? : national and global effects

Özlem Onaran; Giorgos Galanis

This paper estimates the effects of a change in the wage share on growth in the G20 countries using a post-Keynesian/post-Kaleckian model, analyses the interactions among different economies, and calculates the global multiplier effects of a simultaneous decline in the wage share

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Year of publication:	2012
Authors:	Onaran, Özlem ; Galanis, Giorgos
Publisher:	Geneva : ILO, Conditions of Work and Employment Branch
Subject:	Gesamtwirtschaftliche Nachfrage \| Aggregate demand \| Lohnniveau \| Wage level \| Wirtschaftswachstum \| Economic growth \| Privater Konsum \| Private consumption \| Investition \| Investment \| Export \| Postkeynesianismus \| Post-Keynesian economics \| Entwicklungsländer \| Developing countries \| Industrieländer \| Industrialized countries \| G20-Staaten \| G20 countries

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Extent:	Online-Ressource (VIII, 65 S.) graph. Darst.
Series:	Conditions of work and employment series. - Geneva, ISSN 2226-8952, ZDB-ID 2694080-2. - Vol. 40
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper
Language:	English
Notes:	Gesehen am 16.09.2013 Acrobat Reader Systemvoraussetzungen: Acrobat Reader
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10009703017