Report
Patrick Artus

A large number of developments in OECD countries have resulted from the skewing of income distribution against wage earners

Income distribution has been heavily skewed against wage earners (in favour of profits) in OECD countries since the early 2000s. This skewing, which is linked to the strong demand for return for shareholders, has led to a number of important developments in OECD countries: Increasing inequality and poverty and, as a result, political and social tensions; Low inflation and interest rates, and consequently the possibility of having high public and private debt levels; An increase in market capitalisation thanks to the increase in profitability; Repeated real estate price bubbles. A return to “ normal ” income distribution would therefore be a considerable shock.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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