arXiv Open Access 2026

On the Anchoring Effect of Monetary Policy on the Labor Share of Income and the Rationality of Its Setting Mechanism

Li Tuobang
Lihat Sumber

Abstrak

Modern macroeconomic monetary theory suggests that the labor share of income has effectively become a core macroe-conomic parameter anchored by top policymakers through Open Market Operations (OMO). However, the setting of this parameter remains a subject of intense economic debate. This paper provides a detailed summary of these controversies, analyzes the scope of influence exerted by market agents other than the top policymakers on the labor share, and explores the rationality of its setting mechanism.

Topik & Kata Kunci

Penulis (1)

L

Li Tuobang

Format Sitasi

Tuobang, L. (2026). On the Anchoring Effect of Monetary Policy on the Labor Share of Income and the Rationality of Its Setting Mechanism. https://arxiv.org/abs/2601.13675

Akses Cepat

Lihat di Sumber
Informasi Jurnal
Tahun Terbit
2026
Bahasa
en
Sumber Database
arXiv
Akses
Open Access ✓