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Published in 2024 at "Economic Theory"
DOI: 10.1007/s00199-024-01578-5
Abstract: The unequal distribution of dividends implies the unequal distribution of the profit share of workers’ product of labor. In a Mirrleesian framework when dividends cannot be expropriated, we show that a progressive distribution of dividends…
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Keywords:
labor income;
dividend effect;
dividend;