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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29165 |
来源ID | Working Paper 29165 |
The Elusive Explanation for the Declining Labor Share | |
Gene M. Grossman; Ezra Oberfield | |
发表日期 | 2021-08-23 |
出版年 | 2021 |
语种 | 英语 |
摘要 | 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 market power by large firms in concentrated product markets, the decline in unionization rates and the erosion in the bargaining power of workers in labor markets, and the changing composition of the workforce due to a slowdown in population growth and a rise in educational attainment. We review this literature, with special emphasis on the pitfalls associated with using cross-sectional data to assess this phenomenon and the reasons why the body of papers collectively explains the phenomenon many times over. |
主题 | Macroeconomics ; Consumption and Investment |
URL | https://www.nber.org/papers/w29165 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586838 |
推荐引用方式 GB/T 7714 | Gene M. Grossman,Ezra Oberfield. The Elusive Explanation for the Declining Labor Share. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w29165.pdf(413KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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