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Labor share and growth in the long run

Gespeichert in:

Personen und Körperschaften: Charpe, Matthieu (VerfasserIn), Bridji, Slim (VerfasserIn), McAdam, Peter (VerfasserIn)
Titel: Labor share and growth in the long run/ Matthieu Charpe, Slim Bridji, Peter McAdam
Format: E-Book
Sprache: Englisch
veröffentlicht:
Frankfurt am Main, Germany European Central Bank [2019]
Gesamtaufnahme: Europäische Zentralbank: Working paper series ; no 2251 (March 2019)
Quelle: Verbunddaten SWB
Lizenzfreie Online-Ressourcen
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author Charpe, Matthieu, Bridji, Slim, McAdam, Peter
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contents This paper establishes some stylized facts of the long run relationship between growth and labor shares using historical data for the United States (1898-2010), the United Kingdom (1856-2010), and France (1896-2010). Performing individual country time-frequency analysis, we demonstrate the existence of long-term cycles in labor share of thirty to fifty years explaining a major part of the variance in the data. Further, the impact of labor share on growth changes sign with the frequency considered from negative at high frequencies to positive at low frequencies. Finally, the positive coefficient associated with the labor share at low frequencies increases
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spelling Charpe, Matthieu VerfasserIn aut, Labor share and growth in the long run Matthieu Charpe, Slim Bridji, Peter McAdam, Frankfurt am Main, Germany European Central Bank [2019], 1 Online-Ressource (circa 49 Seiten), Text txt rdacontent, Computermedien c rdamedia, Online-Ressource cr rdacarrier, Working paper series / European Central Bank no 2251 (March 2019), This paper establishes some stylized facts of the long run relationship between growth and labor shares using historical data for the United States (1898-2010), the United Kingdom (1856-2010), and France (1896-2010). Performing individual country time-frequency analysis, we demonstrate the existence of long-term cycles in labor share of thirty to fifty years explaining a major part of the variance in the data. Further, the impact of labor share on growth changes sign with the frequency considered from negative at high frequencies to positive at low frequencies. Finally, the positive coefficient associated with the labor share at low frequencies increases, Bridji, Slim VerfasserIn aut, McAdam, Peter VerfasserIn (DE-588)171483618 (DE-627)061689270 (DE-576)132274426 aut, Europäische Zentralbank Working paper series no 2251 (March 2019) 2251 (DE-627)372370322 (DE-576)108090442 (DE-600)2123559-4 1725-2806, https://doi.org/10.2866/373308 Resolving-System kostenfrei Volltext, https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2251~e73a1e85d1.en.pdf Verlag kostenfrei Volltext, http://hdl.handle.net/10419/208285 Resolving-System kostenfrei, https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2251~e73a1e85d1.en.pdf LFER, LFER 2019-05-29T00:00:00Z
spellingShingle Charpe, Matthieu, Bridji, Slim, McAdam, Peter, Labor share and growth in the long run, Europäische Zentralbank, Working paper series, no 2251 (March 2019), This paper establishes some stylized facts of the long run relationship between growth and labor shares using historical data for the United States (1898-2010), the United Kingdom (1856-2010), and France (1896-2010). Performing individual country time-frequency analysis, we demonstrate the existence of long-term cycles in labor share of thirty to fifty years explaining a major part of the variance in the data. Further, the impact of labor share on growth changes sign with the frequency considered from negative at high frequencies to positive at low frequencies. Finally, the positive coefficient associated with the labor share at low frequencies increases
title Labor share and growth in the long run
title_auth Labor share and growth in the long run
title_full Labor share and growth in the long run Matthieu Charpe, Slim Bridji, Peter McAdam
title_fullStr Labor share and growth in the long run Matthieu Charpe, Slim Bridji, Peter McAdam
title_full_unstemmed Labor share and growth in the long run Matthieu Charpe, Slim Bridji, Peter McAdam
title_in_hierarchy no 2251 (March 2019). Labor share and growth in the long run ([2019])
title_short Labor share and growth in the long run
title_sort labor share and growth in the long run
url https://doi.org/10.2866/373308, https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2251~e73a1e85d1.en.pdf, http://hdl.handle.net/10419/208285