Did the financial sector profit at the expense of the rest of the economy?: evidence from the United States
Sameer Khatiwada
Discussion papers (International Institute for Labour Studies) , DP/206/2010, ILO
2010
Abstract
investment profitability bank economic recession value added investment return profit wages USA Banking
Demonstrates that in the United States, the growing influence of the financial sector has led to a reduction in the share of business investment as a percent of value added by as much as 2 percentage points in the last three decades.