Macroeconomic Determinants of the Labour Share of Income: Evidence from OECD Economies

• Main Authors: Trofimov, Ivan D., Nazaria, Md. Aris, Muhammad K. F, Rosli
• Format: Working Paper
• Language: English
• Published: Kolej Yayasan Saad & UNIMAS 2018
• Subjects: H Social Sciences (General); HB Economic Theory; HG Finance
• Online Access: http://ir.unimas.my/id/eprint/33187/1/Nazaria.pdf; http://ir.unimas.my/id/eprint/33187/; https://mpra.ub.uni-muenchen.de/85597/
• Institution: Universiti Malaysia Sarawak

The study investigates the relationships between the labour share of income and several macroeconomic variables – the GDP growth, inflation, unemployment, as well as GDP gap and capacity utilization – in industrialised economies between 1960 and the 2010s. Three complementary hypotheses that relate...