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The Rise of Rentier Incomes in OECD Countries: Financialization, Central Bank Policy and Labor Solidarity

In: The Political Economy of Central Banking

Author

Listed:
  • Arjun Jayadev
  • Gerald Epstein

Abstract

Public attention to the power of finance and the attendant wealth that financiers are able to extract from society waxes and wanes over time, usually in conjunction with the actual evolution of the political power of finance and its associated incomes.

Suggested Citation

  • Arjun Jayadev & Gerald Epstein, 2019. "The Rise of Rentier Incomes in OECD Countries: Financialization, Central Bank Policy and Labor Solidarity," Chapters, in: The Political Economy of Central Banking, chapter 13, pages 350-378, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:18820_13
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    Cited by:

    1. Chen, Chen & Wang, Tao & Jia, Ximeng, 2023. "Short-termism in financial decision-making: Uncovering the influence of managerial myopia on corporate financial asset allocation through MD&A textual analysis," International Review of Financial Analysis, Elsevier, vol. 90(C).
    2. Feng, Yumei & Yao, Shouyu & Wang, Chunfeng & Liao, Jing & Cheng, Feiyang, 2022. "Diversification and financialization of non-financial corporations: Evidence from China," Emerging Markets Review, Elsevier, vol. 50(C).

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    Keywords

    Economics and Finance;

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