dc.contributorFGV
dc.creatorBarbos, Nelson
dc.date.accessioned2018-05-10T13:37:14Z
dc.date.accessioned2019-05-22T13:28:42Z
dc.date.available2018-05-10T13:37:14Z
dc.date.available2019-05-22T13:28:42Z
dc.date.created2018-05-10T13:37:14Z
dc.date.issued2016-07
dc.identifier0309-166X
dc.identifierhttp://hdl.handle.net/10438/23628
dc.identifier10.1093/cje/bev042
dc.identifier000381263900011
dc.identifierBarbosa-Filho, Nelson/0000-0003-3889-5703
dc.identifier.urihttp://repositorioslatinoamericanos.uchile.cl/handle/2250/2682954
dc.description.abstractThis paper presents a structuralist analysis of the elasticity of substitution between capital and labour, with an application to the US economy. The paper shows how the elasticity of substitution is an aggregated residual parameter, as well as how fluctuations of it can be explained in terms of technological, distributive, demographic and demand shocks. Then, based on a 2x2 dynamical model for the wage share of income and the employment rate, the paper analyses Thomas Piketty's theoretical proposition that the functional distribution of income may not be stationary.
dc.languageeng
dc.publisherOxford Univ Press
dc.relationCambridge journal of economics
dc.rightsrestrictedAccess
dc.sourceWeb of Science
dc.subjectIncome distribution
dc.subjectStructuralist macroeconomics
dc.subjectGoodwin
dc.subjectPiketty
dc.titleElasticity of substitution and social conflict: a structuralist note on Piketty's capital in the twenty-first century
dc.typeArticle (Journal/Review)


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