Arbeitspapier

Finance, Labour, Capital, and International Integration

Labour incomes depend on structural as well as politico-economic factors, because labour market policies partially remedy the financial market imperfections that make labour income shocks difficult to insure, and have different implications for labour and capital income. This paper illustrates such theoretical insights with a simple model, and reviews evidence of their empirical relevance generated by international economic, monetary, and financial integration.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 5820

Classification
Wirtschaft
Factor Income Distribution

Event
Geistige Schöpfung
(who)
Bertola, Giuseppe
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2016

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Bertola, Giuseppe
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2016

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