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 |