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200301 ||| eng |
020 |
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|a 9781498302920
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100 |
1 |
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|a Dimova, Dilyana
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245 |
0 |
0 |
|a The Structural Determinants of the Labor Share in Europe
|c Dilyana Dimova
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2019
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300 |
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|a 41 pages
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651 |
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4 |
|a Greece
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653 |
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|a Wages, Compensation, and Labor Costs: General
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653 |
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|a Unemployment Insurance
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653 |
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|a Wages
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653 |
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|a Unemployment insurance
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653 |
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|a Employment
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653 |
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|a Macroeconomics
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653 |
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|a Diffusion Processes
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653 |
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|a Income economics
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653 |
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|a Public Finance
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653 |
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|a Employment protection
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653 |
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|a Unemployment
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653 |
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|a Public finance & taxation
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653 |
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|a Manpower policy
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653 |
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|a Labor Economics: General
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653 |
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|a Labor Contracts
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653 |
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|a Labor economics
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653 |
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|a Technological Change: Choices and Consequences
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653 |
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|a Wage Level and Structure
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653 |
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|a Aggregate Factor Income Distribution
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653 |
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|a Wage Differentials
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653 |
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|a Severance Pay
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653 |
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|a Unemployment benefits
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653 |
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|a Intergenerational Income Distribution
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653 |
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|a Aggregate Human Capital
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653 |
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|a Labor share
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653 |
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|a Aggregate Labor Productivity
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653 |
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|a Plant Closings
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653 |
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|a Expenditure
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653 |
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|a Labour
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653 |
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|a Economic theory
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653 |
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|a Globalization: Labor
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653 |
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|a Labor
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
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|a IMF Working Papers
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028 |
5 |
0 |
|a 10.5089/9781498302920.001
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856 |
4 |
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|u https://elibrary.imf.org/view/journals/001/2019/067/001.2019.issue-067-en.xml?cid=46668-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a The labor share in Europe has been on a downward trend. This paper finds that the decline is concentrated in manufacture and among low- to mid-skilled workers. The shifting nature of employment away from full-time jobs and a rollback of employment protection, unemployment benefits and unemployment benefits have been the main contributors. Technology and globalization hurt sectors where jobs are routinizable but helped others that require specialized skills. High-skilled professionals gained labor share driven by productivity aided by flexible work environments, while low- and mid-skilled workers lost labor share owing to globalization and the erosion of labor market safety nets
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