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sharing and its determinants in a panel of 120 countries from 1970 to 2014. Contrary to some previous studies, I show that …
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creation. Panel data regression results for the original Feldstein-Horioka sample - 20 OECD countries over the years 1960 … - 1974 - empirically support the theory. In contrast to the Feldstein-Horioka findings, a lower saving-investment coefficient …
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Despite similar levels of per capita income, education and technology, the development of labour income shares in OECD countries has displayed different patterns since 1960. The paper examines the role of demography in this regard. We first use a standard overlapping generations model to derive...
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