There are no apparent academic or theoretical positions; however, Macroeconomic earnings are generally perceived to result from overall corporate performance or merit. This perception appears largely due to the fact that improvements by an individual company generally result in, and merit,...

Verteilungsfragen haben in der Ökonomie schon immer eine große und herausragende Rolle gespielt. Die Beschäftigten wollen für ihre Arbeit möglichst viel Lohn und die Unternehmer so wenig wie möglich bezahlen. Unter globalisierten und liberalisierten Märkten hat sich dieser...

The present paper is the first in a series of three essays in which we examine the macroeconomic and structural approaches to inflation. In this paper we explore some of the key contributions to the macroeconomic literature which appeared since the late 1950s. Much of this literature evolved in...