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Timeline for Are profits procyclical?

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Feb 4, 2015 at 18:49 comment added BKay I think it depends on what you mean by "profits". If you include interest in your definition of profits (something like EBITDA) then capital share is essentially profits.
Feb 4, 2015 at 17:30 comment added FooBar Do I understand the last one correctly? For those countries, the labor share is counter cyclical. Assuming capital share of income is not pro cyclical, this means that profits must be?
Feb 3, 2015 at 0:15 history edited BKay CC BY-SA 3.0
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Feb 3, 2015 at 0:06 history answered BKay CC BY-SA 3.0