Concentrating on the Fall of the Labor Share

Rising U.S. business concentration and the decline in labor's share ...

The economists look at firm-level data on the labor share of income to see what's happening. Using firm-level data on sales and employee ...

The Fall of the Labor Share and the Rise of Superstar Firms

Specifically, we focus on the Economic Census for the three decade interval of 1982 - 2012 for six large sectors: manufacturing, retail trade, ...

qjaa004.pdf - Oxford Academic

23396, 2017a. ———, “Concentrating on the Fall of the Labor Share,” American Economic Review. Papers and Proceedings, 107 (2017b), 180–185.

The Decline of the U.S. Labor Share - Brookings Institution

A small but growing literature has focused on understanding trends in the labor share across countries. In an early example, Blanchard (1997) focuses on the ...

Declining Labor Share: Measurement and Causes

Back in the dark ages of the late 1970s and early 1980s when I first started studying economics, it was often assumed that the labor share was ...

The Fall of the Labor Share and the Rise of Superstar Firms

Existing empirical assessments of trends in labor's share typically have relied on industry or macro data, obscuring heterogeneity among firms.

The Fall of the Labor Share and the Rise of Superstar Firms

How to define AI/technological progress? ▷ Literature so far: AI does things only humans could do. – task based framework, focus on labor markets.

Declining Labor Share and U.S. Industries | St. Louis Fed

We recently explored the idea that the global decline in labor share is related to the declining price of capital goods. In this post, we focus ...

“Superstar” companies to blame for workers' falling share of income

U.S. workers have been getting a smaller share of the American economic pie, and economists have been baffled by the decline in the U.S. labor's share of ...

Declining Labor Share: The "Superstar" Firm Explanation - The Atlantic

In a previous study, the researchers found that the average company didn't see a huge decline in the labor's share from decade-to-decade. So ...

Drivers of Declining Labor Share of Income

In advanced economies, about half of the decline in labor shares can be traced to the impact of technology. The decline was driven by a ...

The Elusive Explanation for the Declining Labor Share

Furthermore, many of the studies that we review focus on proximate causes for the decline in the labor share rather than the fundamental causes ...

Inside the decline of the labor share: Technical change, market ...

A declining labor share raises many relevant macroeconomic and policymaking concerns. For example, it can indicate lower average labor compensation growth ...

A Bit of a Miracle No More: The Decline of the Labor Share

Every dollar of income earned by U.S. households can be classified as either labor earnings — wages and other forms of compensation — or capital earnings — ...

The Rise of Pass-Throughs and the Decline of the Labor Share

The way entrepreneurs report their income depends on tax rules. This sec- tion describes US business taxes as of 2017. We focus on the three formal business.

DISCUSSION PAPER SERIES - CEPR

CONCENTRATING ON THE FALL OF THE LABOR SHARE. David Autor, David Dorn ... labor shares, rather than due to declining labor shares within most ...

The Fall of the Labor Share and the Rise of Superstar Firms

Does it affect the labor shares ? Autor, Dorn, Katz, Patterson, Van Reenen. Labor Share & Superstar Firms. Granularity and Networks, MiE.

The Decline of the U.S. Labor Share - Brookings Institution

Looking at other pieces of business sector income over those two time periods, they find that the decline of the labor share does not reflect an increase in ...

Why Is the Labor Share Declining? | St. Louis Fed

The fraction of national income accruing to labor (the labor share) had been roughly constant in developed economies for much of the 20th ...

Bargaining power, structural change, and the falling U.S. labor share

Our analysis therefore supports the hypothesis that the decline in the labor share is driven by decreased labor bargaining power and suggests that structural ...