Wage-Led Growth: An Equitable Strategy for Economic Recovery

Marc Lavoie and Engelbert Stockhammer

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Abstract: This original and extensive study examines the causes and consequences associated with the falling wage share and rising inequality in income distribution, relating to both aggregate demand and labour productivity. It presents new empirical and econometric evidence regarding the economic causes and potential impact of changing income distribution.

Date: 2013
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Published in International Labour Office - Palgrave Macmillan, pp.193, 2013, 978-92-2-127487-2

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01343664

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