Labor Shares in Some Advanced Economies

Gilbert Cette, Lorraine Koehl, Thomas Philippon

We study the joint impact of three measurement issues in the empirical literature on the labor share: (i) start and end periods for the empirical analysis; (ii) accounting for self-employment; and (iii) accounting for residential real estate income. When we correct for these three potential biases, we do not find a general decline in the labor share in our sample of advanced economies. In that respect the behavior of the US labor share after 2000 presents a puzzle

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Year of publication:	August 2019
Authors:	Cette, Gilbert
Other Persons:	Koehl, Lorraine (contributor) ; Philippon, Thomas (contributor)
Institutions:	National Bureau of Economic Research (contributor)
Publisher:	2019: Cambridge, Mass : National Bureau of Economic Research
Subject:	Lohnquote \| Labor share \| Messung \| Measurement \| Berechnung \| Calculation \| Industrieländer \| Industrialized countries \| Empirische Methode \| Empirical method

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Extent:	1 Online-Ressource illustrations (black and white)
Series:	NBER working paper series ; no. w26136
Type of publication:	Book / Working Paper
Language:	English
Notes:	System requirements: Adobe [Acrobat] Reader required for PDF files Mode of access: World Wide Web Hardcopy version available to institutional subscribers
Other identifiers:	10.3386/w26136 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

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