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The rise of superstar firms


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

The superstar firm framework implies that the reallocation of economic activity among firms with differing heterogeneous productivity and labor shares is key to.

Fall of the Labor Share and the Rise of Superstar Firms

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

The rise of superstar firms - CEPR

John Van Reenen, MIT, discusses work he has done on how 'superstar firms' such as Google and Apple have changed the global economy.

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

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

The Rise of Superstar Firms: Causes and Consequences

de Loecker, Obermeier and Van Reenen (2022) “Firms and Inequality” Deaton Inequality Review. • Amiti, Duprez, Konings and Van Reenen (2022) ...

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

The results provide further evidence, consistent with the superstar firm hypothesis, that concentrating industries experienced a differential reallocation of ...

The rise of superstar firms | UBS Center

This policy brief explains this phenomenon by identifying so-called 'superstar' firms as drivers of the falling labor share.

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

This paper examines the impact of global sourcing of inputs on market structure and markup changes in the United States.

Challenges with the rise of superstar firms - ESCP Business School

The authors find that stock market concentration disincentivizes firms' innovation and slows economic growth. The extreme case is the superstar firms, in which ...

The rise of superstar firms ⭐ David Dorn - YouTube

At our anniversary edition of the Forum for Economic Dialogue we focused on questions around superstar firms and their impact on society.

Research: The Rise of Superstar Firms Has Been Better for Investors ...

But wages at superstar firms represent a smaller fraction of sales revenue. Superstar companies make lots of profit per employee, so as they ...

Automation and the Rise of Superstar Firms - San Francisco Fed

Firms can operate a labor-only technol- ogy or, by paying a per-period fixed cost, an automation technology that uses both workers and robots. The fixed costs ...

The fall of the labor share and the rise of superstar firms

The fall in the labor share will be driven largely by reallocation rather than a fall in the unweighted mean labor share across all firms.

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

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

The Rise of Superstar Firms - YouTube

John Van Reenen, MIT, discusses work he has done on how 'superstar firms' such as Google and Apple have changed the global economy.

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

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

Rise of superstar firms and fall of the price mechanism

We have seen the rise of superstar firms such as Google, Amazon, and Apple. In my job market paper, I investigate how these superstars affect the macroeconomy.

Superstar Firms Are Running Away with the Global Economy

This matters not only for businesses, but for workers and consumers, too. Weak productivity growth means stagnating wages. As the best firms ...

Testing the superstar firm hypothesis - Taylor & Francis Online

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

The Rise of Superstar Firms and the Fall of the Labor Share (David ...

The “labor share” of GDP has fallen since 2000. Is this another sign that the robots are going to rule our economy?