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The Labor Share of Income around the World : Evidence from a Panel Dataset

Guerriero, Marta - 2019

There are two fundamental reasons why factor shares have traditionally been overlooked in the economic literature. First, because of their nature, factor shares are conceptually difficult to define and measure. Second, they have for a long time been perceived as constant across time and space....

Persistent link: https://www.econbiz.de/10012890090

Labor Share and Productivity Dynamics

Choi, Sekyu - 2020

We present a novel way to model technological shocks, with the feature that it can be biased towards more recently installed production units. We show that at one extreme, the shock is like a neutral technological shock, while at the other end of the spectrum, it resembles investment speciﬁc...

Persistent link: https://www.econbiz.de/10012825485

The Rise of Pass-Throughs and the Decline of the Labor Share

Smith, Matthew; Yagan, Danny; Zidar, Owen; Zwick, Eric - 2021

This paper studies the coevolution of the fall in the US corporate sector labor share and the rise of business activity in tax-preferred, pass-through form. Reallocating activity to the form it would have taken prior to the Tax Reform Act of 1986 accounts for one third of the decline in the...

Persistent link: https://www.econbiz.de/10013322756

The labor share of income around the world : evidence from a panel dataset

Guerriero, Marta - 2019

Persistent link: https://www.econbiz.de/10011964265

Data, measurement and initiatives for inclusive digitalization and future of work

Nofal, María B.; Coremberg, Ariel; Sartorio, Luca - 2018

As the pace of digitalization and automation accelerates globally, and more disruptive innovations in machine learning, artificial intelligence and robotics are expected, new data sources and measurement tools are needed to complement existing valuable statistics and administrative data. This is...

Persistent link: https://www.econbiz.de/10011908122

Labor's Share in Hungary

Orszag, J. Michael - 2016

This paper examines labor's share of income in Hungary. We find that the trend in labor's share is substantially influenced by the treatment of self-employment; self-employment has declined significantly because of both shifts across sectors and reductions within sectors. Hungary's labor share...

Persistent link: https://www.econbiz.de/10012995744

Technological Changes, Offshoring, and the Labor Share

Lian, Weicheng - 2019

, productionactivities with a small elasticity of substitution between capital and labor tend to getoffshored from high- to low …

Persistent link: https://www.econbiz.de/10012864118

Development and sector labor income shares

Schäfer, Daniel - 2024

capital deepening is the primary driver of these patterns. Researchers can directly use the new dataset of labor shares to …

Persistent link: https://www.econbiz.de/10014530360

Capital composition and the declining labor share

Eden, Maya; Gaggl, Paul - 2019 - This Version: November 2019

To what extent can technological advances in the production of capital account for the recent, worldwide decline in the … (EOS) between capital and labor tend to fall below or around one, suggesting that a decline in the price of capital should … of capital relative to output has remained roughly constant, worldwide. This poses a challenge to the view that cheaper …

Persistent link: https://www.econbiz.de/10012138828

Capital Composition and the Declining Labor Share

Eden, Maya; Gaggl, Paul - 2019

Persistent link: https://www.econbiz.de/10012179795