#2770. The Missing Link: Monetary Policy and the Labor Share

January 2027publication date
Proposal available till 30-05-2025
4 total number of authors per manuscript4500 $

The title of the journal is available only for the authors who have already paid for
Journal’s subject area:
Economics, Econometrics and Finance (all);
Places in the authors’ list:
place 1place 2place 3place 4
FreeFreeFreeFree
1350 $1200 $1050 $900 $
Contract №2770.1 Contract №2770.2 Contract №2770.3 Contract №2770.4
1 place - free (for sale)
2 place - free (for sale)
3 place - free (for sale)
4 place - free (for sale)

Abstract:
The article provides evidence that monetary tightening significantly increased the labor force share and lowered real wages during the Great Moderation in the US, the Eurozone, the UK, Australia and Canada. The results show that this is not only inconsistent with the underlying NC model, but also with the medium-scale NC models that are commonly used for monetary policy analysis and where it is possible to break the direct relationship between labor share and inverse markup.
Keywords:
money-credit policy; work

Contacts :
0