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Journals / Paradigma: İktisadi ve İdari Araştırmalar Dergisi / 2018 / Cilt: 7 Sayı: 13

FUNCTIONAL INCOME DISTRIBUTION IN FINANCIAL LIBERALIZATION ERA: A LITERATURE SURVEY ON REALIZATIONS AND INTERACTION MECHANISMS

FİNANSAL SERBESTLEŞME DÖNEMİNDE FONKSİYONEL GELİR DAĞILIMI: GERÇEKLEŞMELER VE ETKİLEŞİM MEKANİZMALARI ÜZERİNE BİR LİTERATÜR ÇALIŞMASI

Umut ÜZAR
Suat OKTAR
Pages
34–50
Publication Date
2018-07-12
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

However, it has been underlined that the co-operation of skill-biased technical change and financialization phenomena will have an efficient and meaningful explanation power.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The aim of this study is to examine the causes of the deterioration in functional income distribution at global level since 1980, with the mainstream and heterodox literature.
📊
Key Findings & Data:When discussions are made, while the mainstream literature generally focuses on skill-biased technical change (technological change), heterodox approaches highlight the new economic architecture created by globalization and financialization.
💡
Conclusion & Impact:However, it has been underlined that the co-operation of skill-biased technical change and financialization phenomena will have an efficient and meaningful explanation power.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Gelir Dağılımı · Ticaret ve Finans · Ana akım Yaklaşımlar

Abstract

The aim of this study is to examine the causes of the deterioration in functional income distribution at global level since 1980, with the mainstream and heterodox literature. When discussions are made, while the mainstream literature generally focuses on skill-biased technical change (technological change), heterodox approaches highlight the new economic architecture created by globalization and financialization. The study has reached the conclusion that heterodox approaches have drawn a broader framework to explain the decline in labor incomes. However, it has been underlined that the co-operation of skill-biased technical change and financialization phenomena will have an efficient and meaningful explanation power.

Özet

Bu çalışmanın amacı 1980’den bu yana fonksiyonel gelir dağılımındaki bozulmanın nedenlerini ana akım ve heterodoks literatürden hareketle incelemektir. Tartışmalara bakıldığında ana akım literatür genellikle becerileri gözeten teknik ilerleme (teknolojik değişim) üzerinde dururken, heterodoks yaklaşımlar küreselleşme ve finansallaşma olgularının yarattığı yeni iktisadi mimariyi ön plana çıkarmaktadır. Çalışmada heterodoks yaklaşımların emek gelirlerinin azalmasını açıklamada daha kapsamlı bir çerçeve çizdiği sonucuna ulaşılmıştır. Bununla birlikte becerileri gözeten teknik ilerleme ve finansallaşma olgularının birlikte ele alınmasının etkin ve anlamlı bir açıklama gücüne sahip olacağının altı çizilmiştir.

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Cite This Article

ÜZAR, U., OKTAR, S. (2018). FUNCTIONAL INCOME DISTRIBUTION IN FINANCIAL LIBERALIZATION ERA: A LITERATURE SURVEY ON REALIZATIONS AND INTERACTION MECHANISMS. Paradigma: İktisadi ve İdari Araştırmalar Dergisi, Cilt: 7 Sayı: 13, 34–50. https://ajindex.com/articles/906388

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