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Contesting Greek Exceptionalism: the origins of the Greek fiscal crisis
Euclid Tsakalotos
Labour productivity and real wages in the US
Inequality in the US
Financial and non-financial firm profits relative to GDP (USA)
Household debt in selected countries
Figure C2: Household Liabilities/Household Disposable Income (%)
60
80
100
120
140
160
180
200
1985 1990 1995 2000 2005 2010
GE UK US FR
Greece: Falling minimum wages
Figure B3: Minimum Wages as a Proportion of Average Wages
0.36
0.38
0.4
0.42
0.44
0.46
0.48
0.5
0.52
1974 1979 1984 1989 1994 1999 2004 2009
Greece: wage and profit shares
Figure B2: Adjusted wage and profit shares, 1974-2011
0.65
0.67
0.69
0.71
0.73
0.75
0.77
0.79
0.81
1973 1978 1983 1988 1993 1998 2003 2008
0.1
0.15
0.2
0.25
0.3
0.35
wage share (left-hand scale) profit share (right-hand scale)
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