Showing 1 - 10 of 10
We explore the possibility that a global productivity slowdown is responsible for the widespread decline in the labor share of national income. In a neoclassical growth model with endogenous human capital accumulation à la Ben Porath (1967) and capital-skill complementarity à la Grossman et...
Persistent link: https://www.econbiz.de/10012942005
A vast literature seeks to measure and explain the apparent decline in the labor share in national income that has occurred in recent times in the United States and elsewhere. The culprits include technological change, increased globalization and the rise of China, the enhanced exercise of...
Persistent link: https://www.econbiz.de/10012616613
Persistent link: https://www.econbiz.de/10012648357
Persistent link: https://www.econbiz.de/10011737814
Persistent link: https://www.econbiz.de/10011741669
We explore the possibility that a global productivity slowdown is responsible for the widespread decline in the labor share of national income. In a neoclassical growth model with endogenous human capital accumulation à la Ben Porath (1967) and capital-skill complementarity à la Grossman et...
Persistent link: https://www.econbiz.de/10011743152
Persistent link: https://www.econbiz.de/10011743702
We explore the possibility that a global productivity slowdown is responsible for the widespread decline in the labor share of national income. In a neoclassical growth model with endogenous human capital accumulation a la Ben Porath (1967) and capital-skill complementarity a la Grossman et al....
Persistent link: https://www.econbiz.de/10012453858
We explore the possibility that a global productivity slowdown is responsible for the widespread decline in the labor share of national income. In a neoclassical growth model with endogenous human capital accumulation a la Ben Porath (1967) and capital-skill complementarity a la Grossman et al....
Persistent link: https://www.econbiz.de/10012947005
Persistent link: https://www.econbiz.de/10012603929