Higher profits and lower capital prices: is factor allocation optimal?
AbstractFrom an international perspective, the European rate of unemployment has been high and growing over the last one to two decades; against this background, the parallel rise in profit shares in a number of European countries seems to be at odds with expected economic behaviour.
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Bibliographic InfoPaper provided by Bank for International Settlements in its series BIS Working Papers with number 65.
Length: 52 pages
Date of creation: Apr 1999
Date of revision:
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