Victoria University

New Zealand inequality and the struggle between capital and labour

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Show simple item record Krawczyk, Jacek B Townsend, Wilbur 2015-02-23T01:06:17Z 2015-02-23T01:06:17Z 2015 2015
dc.description.abstract This paper examines whether changes in New Zealand income inequality can be attributed to the shares of national income taken by capital and labour. Data on income inequality aggregates both capital income (rents, interest, profits) and labour income (wages and salaries). It is possible that changes in inequality correspond only to changes within the distributions of capital income and labour income, and that a rhetoric which emphasises the struggle between capital and labour is misguided. We find this is not the case: both an econometric analysis of income shares and a historical analysis of major policies demonstrates that the struggle between capital and labour matters. en_NZ
dc.language.iso en_NZ
dc.relation.ispartofseries SEF Working paper ; 02/2015 en_NZ
dc.subject Factor income en_NZ
dc.subject Inequality en_NZ
dc.subject New Zealand en_NZ
dc.title New Zealand inequality and the struggle between capital and labour en_NZ
dc.type Text en_NZ
vuwschema.contributor.unit School of Economics and Finance en_NZ
vuwschema.type.vuw Working or Occasional Paper en_NZ
dc.rights.rightsholder en_NZ
vuwschema.subject.anzsrcfor 140211 Labour Economics en_NZ

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