Functional income distribution and its role in explaining inequality /

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Bibliographic Details
Author / Creator:Francese, Maura, (IMFstaff), author.
Imprint:[Washington, D.C.] : International Monetary Fund, ©2015.
Description:1 online resource (33 pages) : color illustrations.
Language:English
Series:IMF working paper, 1018-5941 ; WP/15/244
IMF working paper ; WP/15/244.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12505605
Hidden Bibliographic Details
Other authors / contributors:Mulas-Granados, Carlos, (IMFstaff), author.
International Monetary Fund. Fiscal Affairs Department.
ISBN:1513549820
9781513549828
9781513549828
Notes:"November 2015."
"Fiscal Affairs Department."
Includes bibliographical references (pages 31-33).
Online resource; title from pdf title page (IMF.org Web site, viewed November 30, 2015).
Summary:This paper is motivated by two parallel trends: the declining labor share of income and increasing inequality. Micro and macroeconomic data, covering up to 93 countries between 1970 and 2013, are used to assess whether the declining labor share of income has been a key factor driving growing inequality. The major conclusion is that changes in income inequality across a wide range of countries have been driven significantly by changes in the inequality of wages, while the distribution of income between labor and capital has not been a major factor. --Abstract.
Other form:Print Version: Francese, Maura. Functional Income Distribution and Its Role in Explaining Inequality. Washington, D.C. : International Monetary Fund, 2015 9781513549828
Standard no.:10.5089/9781513549828.001