TESTING KALDOR’S FACT: EMPIRICAL EVIDENCE FROM EUROPEAN COUNTRIES
This paper discusses the functional distribution of income, as a consequence of decoupling phenomenon between workers’ compensation and labor productivity. This issue has been observed since the mid-1970s in most developed economies, resulting in a trend of decreasing labor income in national income...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Faculty of Economics Pale University of East Sarajevo
2023-12-01
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| Series: | Zbornik Radova Ekonomskog Fakulteta u Istočnom Sarajevu |
| Subjects: | |
| Online Access: | http://www.zrefis.ekofis.ues.rs.ba/images/zrefis2023-27/37-55%20Trpeski_Kozheski_Merdzan_Cvetanoska%20Mitev.pdf |