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


The rise of superstar firms in the United States: The role of global ...

Autor, Trade and labor markets: lessons from China's rise, IZA World Labor https://doi.org/10.15185/izawol.431; Autor, The fall of the labor share and the ...

Testing the Superstar Firm Hypothesis - DIW Berlin

Firms with superior productivity, labeled superstar firms, are argued to be the link between rising concentration and the fall of the aggregate labor share ...

Concentrating on the Fall of the Labor Share | IZA

We evaluate and confirm two core claims of the superstar firm hypothesis: the concentration of sales among firms within industries has risen across much of the ...

The Impact of Superstar Firms on the Labor Share - ProQuest

The Belgian labor share, measured as the part of GDP going to labor, is declining. This fits into the global secular trend of decreasing labor shares.

Market Power and Labor Share - Insee

The Fall of the Labor Share and the. Rise of Superstar Firms. The Quarterly Journal of Economics, 135(2), 645–709. https://doi.org/10.1093/qje/qjaa004. Baqaee ...

Productivity dispersion, wage dispersion and superstar firms

2020), and have a lower firm-specific labour share despite paying above-average wages (Gouin-Bonenfant 2022). The rise of superstar firms is a ...

Superstar firms and market concentration - Marginal REVOLUTION

The fall of labor's share of GDP in the United States and many other countries in recent decades is we ll documented but its causes remain ...

The Market Power of 'Superstar' Companies Is Growing

Katz, Christina Patterson, and John Van Reenen, “The Fall of the Labor Share and the Rise of Superstar Firms,” Working paper, May 2017.

Superstar Firms Causing Concentration of Market Power - Medium

However, the labor share has declined in most US industries because the decline in the labor share of the big firm(s) outweighs the small firms ...

The Macroeconomics of Superstars

al (2017) also argue that the rise in market concentration by 'superstar firms' is an important cause of the fall in labor share. If superstar technologies are ...

Firms and Inequality - IFS

household inequality? 1. Rise in superstar firms helps explain fall of share of labor in GDP. (Autor et al, QJE, forthcoming). ─ Large firms have lower labor ...

Firm productivity dynamism in the euro area - European Central Bank

... superstar firms to a decline in the level of the labour share. See Autor, D. et al., “The Fall of the Labor Share and the Rise of Superstar Firms”, The ...

Competitiveness, 'Superstar' Firms and Capital Flows

labour shares of the superstar firms prevent the wages from rising ... “The fall of the labor share and the rise of superstar firms.” The ...

The rise of the superstars - The Economist

The second obsession superstar firms share is with invest- ing in their core skills. Corning, the company that made the glass for Edison's ...

Concentrating on the Fall of the Labor Share - EconStor

In either case, when there is an exogenous change that allocates more market share to a small number of large superstar firms, the aggregate labor share will ...

Toward a Theory of the Labor Share's Fall: A Dynamic Model of the ...

They call such a firm a “superstar-firm”. We summarize this as follows. Fact 3 (Between-firm effect): Due to the “super-star” firms, an industry's labor share.

Monopoly Myths: Are Superstar Firms Stifling Competition or Just ...

The decline in labor share is due to the fact that top companies hire fewer, but higher-paid, workers. These relationships, however, are not ...

Patenting with the stars: Where are technology leaders leading the ...

The Fall of the Labor Share and the Rise of Superstar Firms. Quarterly Journal of Economics,. 135(2):645–709. Autor, D. H., Levy, F., and Murnane, R. J. ...

'Superstar Firms' May Have Shrunk Workers' Share of Income - CNBC

The decline has coincided with a slowdown in overall growth as well as a stark leap in inequality. “Labor is getting a shrinking slice of a ...

Labor's Share of GDP: Wrong Answers to a Wrong Question

A recent paper by David Autor of MIT, Lawrence Katz of Harvard and others, “The Fall of the Labor Share and the Rise of Superstar Firms,” ...


Development Workshop: John Van Reenen in New York