The Distribution of Income Generated in France Between Labour and Capital
In France, the share of labour-related expenditure in the value added of non-financial corporations has been relatively stable since 1990, as has that of net wages. This stability masks changes that occurred in phases and which were connected, inter alia, with economic shocks and tax reform. The capital share has also been stable with an increase in dividends being offset by a fall in interest pai... Lire la suite