The Cobb-Douglas Production Function and the Old Bowley's Law
Bowley's law, also referred to as the law of the constant wage share, was a noteworthy empirical finding in economics, suggesting that a nation's wage share tended to remain stable over time, as observed through most of the 20th century. The wage share represents the proportion of a countr...
Saved in:
| Published in: | Symmetry, Integrability and Geometry: Methods and Applications |
|---|---|
| Date: | 2024 |
| Main Authors: | , |
| Format: | Article |
| Language: | English |
| Published: |
Інститут математики НАН України
2024
|
| Online Access: | https://nasplib.isofts.kiev.ua/handle/123456789/212262 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Journal Title: | Digital Library of Periodicals of National Academy of Sciences of Ukraine |
| Cite this: | The Cobb-Douglas Production Function and the Old Bowley's Law. Roman G. Smirnov and Kunpeng Wang. SIGMA 20 (2024), 045, 20 pages |