Forum: Wage Flexibility or Wage Coordination? Economic Policy Implications of the Wage-led Demand Regime in the Euro Area
Engelbert Stockhammer
Abstract
Open-access reader
Engelbert Stockhammer
Abstract
Open-access reader
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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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.
Key concepts: Wage, Flexibility (engineering), Economics, Wage share, Labour economics, Paragraph, Efficiency wage, Distribution (mathematics)