Barkai, Simcha (2016). `Declining Labor and Capital Shares', Working Paper, University of Chicago.Barkai, Simcha. 2016. "Declining Labor and Capital Shares." Chicago Booth: Stigler Center for the Study of the Economy and the State, November; accessed September 16, 2017 at https://research...
Declining Labor and Capital Shares 来自 EconPapers 喜欢 0 阅读量: 609 作者: Simcha Barkai∗ 摘要: This paper shows that the decline in the labor share over the last 30 years was not offset by an increase in the capital share. I calculate payments to capital as the product of the ...
Labor shares have been declining around the world since the 1980s and there are severalexplanations for this. Karabarbounis and Neiman (2014) highlight the role of a high substi-tutability between capital and labor that enables firms to easily replace labor with capital asthe rental-wage ratio...
摘要: The stability of the labor share is a key foundation in macroeconomic models. We document, however, that the global labor share has significantly declined over关键词: Labor Share Production Function Corporate Savings Capital Market Imperfections ...
The aggregate household saving rate has declined in many nations since the 1980s, partly due to increased borrowing. To explain this puzzling trend, previo
But many are struggling to get their terminals up and running due to chronic labor shortages in Alberta, a harsh winter and cost overruns. That means they may not be able to fully exploit the growing shortage of pipeline capacity, as they had hoped. snip An estimated 1.1 million bpd of ra...
toward capital. The lower price of investment goods explains roughly half of the observed decline in the labor share, even when we allow for other mechanisms influencing factor shares such as increasing profits, capital-augmenting technology growth, and the changing skill composition of the labor ...
Declining Labor and Capital Sharesdoi:10.2139/ssrn.3489965This paper presents direct measures of capital costs, equal to the product of the required rate of return on capital and the value of the capital stock. The capSocial Science Electronic Publishing...
Demougin, "Declining Labor Share and Bargaining Power: An Institutional Explanation," Journal of Macroeconomics, 32, 443-56, 2009.Bental, B. and Demougin, D. (2010) Declining Labor Shares and Bargaining Power: An Institutional Explanation. Journal of Macroeconomics, 32, 443-456. http://dx....
We document, however, that the global labor share has significantly declined overdoi:10.3386/w18154Karabarbounis, LoukasNeiman, BrentSocial Science Electronic PublishingKarabarbounis, L., and B. Neiman (2012): "Declining Labor Shares and the Global Rise of Corporate Saving," NBER WP 18154....