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Critique of Wage-Led Growth Theory by marceloscarvalho is a document available to read on EtoBox.

What is Critique of Wage-Led Growth Theory about?

The paper critiques the post-Keynesian concepts of wage- and profit-led growth, arguing that these frameworks may be misleading due to the endogeneity of profit shares and the complex interactions between income distribution and aggregate demand. It highlights that empirical support for wage-led growth is weaker than often suggested and that a focus on redistribution

Author

marceloscarvalho

Language

EN