Przeglądaj KAE Working Papers według tematu "O33"

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    • Endogenous Labor Share Cycles: Theory and Evidence 

      Growiec, Jakub; Mućk, Jakub; McAdam, Peter (2016-09)
      Based on long US time series we document a range of empirical properties of the labor's share of GDP. We identify its substantial medium-to-long run, pro-cylical swings and show that most of its variance lies beyond ...

    • On the Optimal Labor Income Share 

      Growiec, Jakub; McAdam, Peter; Mućk, Jakub (2018-02)
      Labor's share of income has attracted interest in recent years reflecting its apparent decline. These falls, witnessed across many countries, are usually deemed undesirable. Any such assertion, however, begs the question ...

    • Unraveling the economic performance of the CEEC countries. The role of exports and global value chains 

      Hagemejer, Jan; Mućk, Jakub (2018-02-08)
      In this study we assess the importance of exports and global value chains (GVC) participation for economic growth. Using novel methods and an extensive dataset, we decompose GDP growth in the Central and Eastern European ...