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Whatever Happened to the ‘Goodwin Pattern’? Profit Squeeze Dynamics in the Modern American Labour Market

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The ‘Goodwin pattern’ — an anti-clockwise rotation in real activity × wage share space recurring at intervals that correspond roughly to the duration of business cycles — is an enduring… Click to show full abstract

The ‘Goodwin pattern’ — an anti-clockwise rotation in real activity × wage share space recurring at intervals that correspond roughly to the duration of business cycles — is an enduring feature of ...

Keywords: squeeze dynamics; profit squeeze; whatever happened; goodwin pattern; happened goodwin; pattern profit

Journal Title: Review of Political Economy
Year Published: 2021

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