This paper establishes some stylized facts of the long run relationship between growth and labor shares using historical data for the United States (1898-2010), the United Kingdom (1856-2010), and France (1896-2010). Performing individual country time-frequency analysis, we demonstrate the...

This paper establishes some stylized facts of the long run relationship between growth and labor shares using historical data for the United States (1898-2010), the United Kingdom (1856-2010), and France (1896-2010). Performing individual country time-frequency analysis, we demonstrate the...

Contents: 1. After the GT: Synthesizing Harrod's Knife-Edge Growth and Kaldor's Model of the Trade Cycle -- Part I Output Expansion, Inflation and Fluctuating Growth from a Supply-Side Angle -- 2. Keynes-Wicksell-Goodwin Monetary Growth and the Cascade of Stable Matrices Method -- 3. Output...