Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/262712 
Authors: 
Year of Publication: 
2021
Series/Report no.: 
New Working Paper Series No. 310
Publisher: 
University of Chicago Booth School of Business, Stigler Center for the Study of the Economy and the State, Chicago, IL
Abstract: 
The U.S. labor share has clearly been declining since the early 1980s. This does not depend on whether or not we capitalise intellectual property products. Koh, Santaeulàlia-Llopis and Zheng (2020) approximate the labor share by a single linear time trend over the entire period of 1929{2019. This period includes a long period of time over which the labor share is known to be mostly stable and a shorter period of time over which the labor share is known to decline. Once we separate out the period starting in the 1980s we recover the decline in the labor share.
Document Type: 
Working Paper

Files in This Item:
File
Size
391.48 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.