Рет қаралды 167
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Hi everyone. In this video I talk about the income approach to measuring GDP.
0:00 Introduction
0:30 Overview
1:25 A simple account
3:32 A more complex account
4:28 What is not included
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PAPERS
La Cava, G. (2019). ‘The Labour and Capital Shares of Income in Australia’, RBA Bulletin, March. www.rba.gov.au/publications/b...
ILO; OECD, (2015). The Labour Share in G20 economies, Report prepared for the G20 Employment Working Group. www.oecd.org/g20/topics/emplo...