This study investigates empirically the determinants of labor shares focusing on the role of investment and exchange rate volatility. The authors use a system GMM panel approach and consider 34 Organization for Economic Co-operation and Development (OECD) countries along with South Africa for the period 1995-2015. The authors results reveal that the level of a country’s investment is a significant factor driving changes in the labor share of income...
Voir la suite
INFORMATION
-
2018/06/01
-
Document de travail
-
127292
-
1
-
1
-
2018/06/18
-
Disclosed
-
What is the impact of investment on labor income? : background note for the South Africa systematic country diagnostic
-
labour share