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Falling Wage Shares in Europe and the United States: How Important is Aggregation Bias?

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  • Alain Serres
  • Stefano Scarpetta
  • Christine Maisonneuve

Abstract

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File URL: http://hdl.handle.net/10.1023/A:1013922621303
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Bibliographic Info

Article provided by Springer in its journal Empirica.

Volume (Year): 28 (2001)
Issue (Month): 4 (December)
Pages: 375-401

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Handle: RePEc:kap:empiri:v:28:y:2001:i:4:p:375-401

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Web page: http://www.springerlink.com/link.asp?id=100261

Related research

Keywords: wage shares; aggregation bias; wage equations;

References

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  1. Dave Turner & Pete Richardson & Sylvie Rauffet, 1996. "Modelling the Supply Side of the Seven Major OECD Economies," OECD Economics Department Working Papers 167, OECD Publishing.
  2. Balakrishnan, Ravi & Michelacci, Claudio, 2001. "Unemployment dynamics across OECD countries," European Economic Review, Elsevier, vol. 45(1), pages 135-165, January.
  3. Blanchard, Olivier, 1998. "Revisiting European Unemployment : Unemployment, Capital Accumulation and Factor Prices," Research Series, Economic and Social Research Institute (ESRI), number GL28, September.
  4. Alan Krueger, 1999. "Measuring Labor's Share," Working Papers 792, Princeton University, Department of Economics, Industrial Relations Section..
  5. Olivier Blanchard & Lawrence F. Katz, 1996. "What We Know and Do Not Know About the Natural Rate of Unemployment," NBER Working Papers 5822, National Bureau of Economic Research, Inc.
  6. Layard, Richard & Nickell, Stephen & Jackman, Richard, 2005. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780199279173, September.
  7. Loïc Cadiou & Stéphanie Guichard, 1999. "Marchés du travail en Europe : Quelles conséquences pour l'Union Monétaire," Working Papers 1999-10, CEPII research center.
  8. Timo Tyrväinen, 1995. "Real Wage Resistance and Unemployment: Multivariate Analysis of Cointegrating Relations in 10 OECD Countries," OECD Jobs Study Working Papers 10, OECD Publishing.
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Citations

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Cited by:
  1. Damiaan Persyn & John Hutchinson, 2009. "Globalisation, concentration and footloose firms: in search of the main cause of the declining labour share," LICOS Discussion Papers 22909, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
  2. Dana Hájková & Jaromír Hurník, 2007. "Cobb-Douglas Production Function: The Case of a Converging Economy," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 57(9-10), pages 465-476, October.
  3. Alain Borghijs & Sjef Ederveen & Ruud de Mooij, 2003. "European wage coordination; nightmare or dream to come true? An economic analysis of wage bargaining institutions in the EU," CPB Discussion Paper 17, CPB Netherlands Bureau for Economic Policy Analysis.
  4. Torsten Schmidt & Simeon Vosen, 2013. "Demographic change and the labour share of income," Journal of Population Economics, Springer, vol. 26(1), pages 357-378, January.
  5. Luciano BOGGIO & Vincenzo DALL’AGLIO & Marco MAGNANI, 2010. "On Labour Shares in Recent Decades: A Survey," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 118(3), pages 283-333.
  6. Chi, Wei & Xiaoye, Qian, 2011. "Regional disparity of labor’s share in China: Evidence and explanation," MPRA Paper 34522, University Library of Munich, Germany.
  7. Michael Siegenthaler & Tobias Stucki, 2014. "Dividing the Pie: the Determinants of Labor’s Share of Income on the Firm Level," KOF Working papers 14-352, KOF Swiss Economic Institute, ETH Zurich.

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