Onaran, Özlem; Galanis, Giorgos - International Labour Organization (ILO), United Nations - 2012
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 interanctions among different economies, and calculates the global multiplier effects of a simultaneous decline in the wage share. Suggests that at the...