Bentollia, S.; Saint-Paul, G. - Centro de Estudios Monetarios y Financieros (CEMFI) - 1999
In this paper we study the evolution of the labor share in the OECD since 1970. We show it is essentially related to the capital-output ratio; that this relationship is shifted by factors like the price of imported materials or the skill mix; and that discrepancies between the marginal product...