Forum: Wage Flexibility or Wage Coordination? Economic Policy Implications of the Wage-led Demand Regime in the Euro Area

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13 citations0/0 files storedEuropean Journal of Economics and Economic Policies Intervention

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Economic Theory and Policy Labor market dynamics and wage inequality Social Policy and Reform Studies

Abstract

First paragraph: Functional income distribution has shifted dramatically in the past 25 years. The wage share in the Euro area has fallen by ten percentage points since 1981.

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1997Has Globalization Gone Too Far?2008Functional income distribution and aggregate demand in the Euro area 2010Macroeconomic Policy Mix, Employment and Inflation in a Post-Keynesian Alternative to the New Consensus Model 2000An Alternative Stability Pact for the European Union 2000Foreign direct investment and factor demand elasticities 1999Kaleckian macro models for open economies 2007Distribution and growth reconsidered - empirical results for Austria, France, Germany, the Netherlands, the UK and the USA

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