Labor Income Share

In course

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Description

This lecture covers the analysis of a macroeconomic model with a focus on the labor income share. It discusses the first-order conditions, productivity shocks, and the impact on GDP, hours worked, consumption, investment, and stock prices. The lecture also delves into the implications of a fall in productivity on various economic variables.

Instructor

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Official source

https://mediaspace.epfl.ch/media/0_wfph7vpm

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