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Wage-led Growth: Concept, Theories and Policies

Wage-led Growth: Concept, Theories and Policies. Marc Lavoie* and Engelbert Stockhammer**. Preliminary remarks. The wage share has been falling in several countries over the last decades. There has been a polarization of incomes, even within wage and salary income.

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Profit led demand - PowerPoint PPT Presentation

Wage-led Growth: Concept, Theories and Policies