Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/247246 
Year of Publication: 
2021
Series/Report no.: 
LIS Working Paper Series No. 811
Publisher: 
Luxembourg Income Study (LIS), Luxembourg
Abstract: 
The paper applies a methodological tool able to frame national policies with sustainable financial flows between social groups. In effect, exchange-entitlement mapping (e-mapping) shows the interdependency of capital and labour earnings across social groups, which is then accounted for in the policy planning of future financial flows for the green transition. First, the paper highlights the extent to which herd-behaviour feeds into capital and labour earnings by social, occupational, demographic, and regional groups for the UK, France, and Italy over the past forty years. Second, learning from these past trends, the paper proposes a policy framing of 'sustainable earning trends' to hamper or facilitate financial flows towards sectors, occupations, and regions prone to herd-behaviour. The paper concludes that for an economic system to be resilient, it should be able to recycle external shocks on group earnings into economic opportunities for the green transition.
Subjects: 
group behavior
financial accumulation
earnings
Document Type: 
Working Paper

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