…span than more traditional capital equipment. Business computers have a life span of only about 2 years and communication equipment has a similar life span. In contrast, traditional capital equipment…

by Linda Beale crossposted with Ataxingmatter Dealing with the Sunset of the Bush Tax Cuts (Part V in a series)–dividends at capital gains rate IN this series, i’ve been discussing…

…for a rich nation and is 5% overall world wide. Produced capital accounts for only 18% world wide. 77% of wealth creation is from “intangible capital”. Intangible capital is the…

…was a very strong and relatively stable trend growth rate for both productivity and real capital stock per employee. But in the 1980s economic cycle growth in the real capital…

…and price. This means that more capital implies more employment and the same capital employment ratio. Because of the excess supply of labor, output is proportional to capital. First assume…

…would have reduced labor’s disadvantage against capital. So, I would say… definitely yes. A rule for a target Fed rate should include capacity utilization or another measure of capital utilization….

I track an estimation of consumption by capital income through the NIPA numbers and labor’s income share. Changes in this estimation give insights into how well capital income is doing….

Periodically I present updated information about consumption from capital and labor income. Using the NIPA accounts and labor share, I can separate consumption by capital and labor. Total consumption is…

…refrains from accumulating foreign assets during the episodes of large capital inflows, as well as during periods of abundant international liquidity. The capital inflows also raise the probability of a…

…The standard interpretation of “r” is that it refers to the ratio of total capital income to total capital. A lot of this r is not called interest at all…