The Decline of the U.S. Labor Share Across Sectorslabor sharesectoral decompositionstagnationBaumolLewisThis paper provides novel insights on the changing functional distribution of income in the post-war US economy. We present a Divisia index decomposition of the...
Labor Share Decline and the Capitalization of Intellectual Property Products We study the behavior of the US labor share over the past 65 years using new data from the post-2013 revision of the national income and product accounts a... D Koh,R Santaeulalia-Llopis,Z Yu - 《Ssrn Electronic ...
and returns on invested capital. Linking this decomposition with a microanalysis of 12 key sectors allows us to identify the relative importance of the factors that have contributed to the labor share decline. While our findings confirm the relevance of the most commonly ...
of labor share is no longer simply related to income distribution structure.It is the development pattern and the related institutional arrangement that matters.The decline of labor share in China means the traditional development pattern and the related institutional arrangement begin to become the ...
(3): 323–340 https://doi.org/10.1257/aeri.20210268 The Rise of Pass-Throughs and the Decline of the Labor Share† By Matthew Smith, Danny Yagan, Owen Zidar, and Eric Zwick* We study the coevolution of the fall in the US corporate-sector labor share and the rise of ...
From the age of eight,I had to contribute my share of labor along with my father.Our family was too(1)___ to afford paid laborers.Working in the rice fields was no easy job,especially in summer.The (2)___sun would beat upon my arched back.With only a hat,a shirt and a pair o...
The Decline of the U.S. Labor Share Over the past quarter century, labor鈥檚 share of income in the United States has trended downward, reaching its lowest level in the postwar period after t... MWL Elsby,B Hobijn,A Şahin - 《Brookings Papers on Economic Activity》 被引量: 448发表...
that hegemony preludes decline. we pursue development and revitalization through our own efforts, rather than invasion or expansion. and everything we do is for the purpose of providing a better life for our people, all the while creating...
Why Does China's Labor Income Share Tend to Decline?- From the Perspective of Population Age Structure Change Why Does China’s Labor Income Share Tend to Decline?——From the Perspective of Population Age Structure Change[J]. 魏下海,董志强,赵秋运.China Economist... 魏下海,董志强,赵秋运 - 《...
CHAPTER IX LABOR'S SHARE: THE RENT DEDUCTION IN A fundamental sense the reasoning developed in the four preceding chapters affords an adequate explana-tion of the general level of wages. For when we have accounted for the shares received by the owners of natural resources and by those who pr...