A note on the determinants of labour share movements

Determinanten von Lohnquotenschwankungen

Sebastian Kessing

No FS IV 02-30, Discussion Papers, Research Unit: Market Processes and Governance from WZB Berlin Social Science Center

Abstract: Adjustment costs cause movements of the labour share if the economy experiences demand or wage shocks. With linear adjustment costs and Cobb-Douglas technology, these movements are independent of the size of these shocks and depend only on the size of the adjustment costs.

Keywords: Labour share; adjustment costs; labour demand (search for similar items in EconPapers)
JEL-codes: D33 J63 (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (2)

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Journal Article: A note on the determinants of labour share movements (2003)
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