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Share Of The Work In The Net Added Value Produced In The National Economy

Author

Listed:
  • DUTCAS, Monica Florica

    (Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania)

  • GROSU, Denisa-Gabriela

    (Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania)

Abstract

The paper addresses the concept of net added value, distribution and redistribution of net added value in the national economy. The dimensions of the concepts and the determined behaviors are closely related to the evolution of the national economy, but also to the state's power of intervention through income policies. The purpose of the paper is to present an analysis of the factors that determine the share of work in the net added value produced by the economy. In conclusion, the paper highlights the impact of the fiscal solutions adopted in Romania and will be debated how the net added value produced in the economy can be fairly distributed between, employees and the public budget, based on the criteria of equity, efficiency and sustainability.

Suggested Citation

  • DUTCAS, Monica Florica & GROSU, Denisa-Gabriela, 2022. "Share Of The Work In The Net Added Value Produced In The National Economy," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 10(1), pages 61-72, October.
    • Handle: RePEc:vls:rojfme:v:10:y:2022:i:1:p:61-72
    as

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    References listed on IDEAS

    as
    1. Karel Mertens & José Luis Montiel Olea, 2018. "Marginal Tax Rates and Income: New Time Series Evidence," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 133(4), pages 1803-1884.
    2. Christopher A. Pissarides, 2009. "The Unemployment Volatility Puzzle: Is Wage Stickiness the Answer?," Econometrica, Econometric Society, vol. 77(5), pages 1339-1369, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    net added value; distribution and redistribution; income policies; fiscal policies; work;
    All these keywords.

    JEL classification:

    • E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution

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