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...
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| Опубліковано в: : | Symmetry, Integrability and Geometry: Methods and Applications |
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| Дата: | 2024 |
| Автори: | , |
| Формат: | Стаття |
| Мова: | Англійська |
| Опубліковано: |
Інститут математики НАН України
2024
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| Онлайн доступ: | https://nasplib.isofts.kiev.ua/handle/123456789/212262 |
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| Назва журналу: | Digital Library of Periodicals of National Academy of Sciences of Ukraine |
| Цитувати: | The Cobb-Douglas Production Function and the Old Bowley's Law. Roman G. Smirnov and Kunpeng Wang. SIGMA 20 (2024), 045, 20 pages |