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

Introduction / Claudia Goldin and Lawrence F. Katz -- Transitions over the lifecycle. Women working longer: facts and some explanations / Claudia Goldin and Lawrence F. Katz -- The return to work and women's employment decisions / Nicole Maestas -- Understanding why black women are not working...

The recent fall of labor's share of GDP in numerous countries is well-documented, but its causes are poorly understood. We sketch a "superstar firm" model where industries are increasingly characterized by "winner take most" competition, leading a small number of highly profitable (and low labor...

Introduction / Claudia Goldin and Lawrence F. Katz -- Transitions over the lifecycle. Women working longer: facts and some explanations / Claudia Goldin and Lawrence F. Katz -- The return to work and women's employment decisions / Nicole Maestas -- Understanding why black women are not working...