Did the financial sector profit at the expense of the rest of the economy?: evidence from the United States
Other publication - Working Paper

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.
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