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National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
Labor share of Czech Republic in years 1993–2015
 Souček, Ondřej ; Kubelková, Karina (advisor) ; Řežábek, Pavel (referee)
Labor share in the neoclassical context is perceived as a share of the labor income in GDP. A very basic way to compute the labour share simply entails dividing compensation of employees by gross value added. After a series studies and the rise of neoclassical economics, the assumption of labor share stability over time was introduced. With the publication of Kaldor's theory of growth, the assumption of labor share stability became a generally accepted fact. The aim of this thesis is to answer the question on how the labor share and its individual characteristics evolved in the Czech Republic in the years 1993-2015 and whether its average level and the overall trend in this period corresponds to the neoclassical labor share theories.
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