Comment on "Accounting for Factorless Income"
In: NBER Macroeconomics Annual 2018, volume 33
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Chris Edmond & Virgiliu Midrigan & Daniel Yi Xu, 2023.
"How Costly Are Markups?,"
Journal of Political Economy, University of Chicago Press, vol. 131(7), pages 1619-1675.
- Chris Edmond & Virgiliu Midrigan & Daniel Yi Xu, 2018. "How Costly Are Markups?," NBER Working Papers 24800, National Bureau of Economic Research, Inc.
- Emmanuel Farhi & Francois Gourio, 2018.
"Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 49(2 (Fall)), pages 147-250.
- Emmanuel Farhi & François Gourio, 2018. "Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia," NBER Working Papers 25282, National Bureau of Economic Research, Inc.
- Emmanuel Farhi & François Gourio, 2018. "Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia," Working Paper Series WP-2018-19, Federal Reserve Bank of Chicago.
- Dongya Koh & Raül Santaeulàlia‐Llopis & Yu Zheng, 2020.
"Labor Share Decline and Intellectual Property Products Capital,"
Econometrica, Econometric Society, vol. 88(6), pages 2609-2628, November.
- Koh, Dongya; Santaeulàlia-Llopis, Raül; Zheng, Yu, 2015. "Labor share decline and intellectual property products capital," Economics Working Papers ECO2015/05, European University Institute.
- Dongya Koh & Raul Santaeulalia-Llopis & Yu Zheng, 2018. "Labor Share Decline and Intellectual Property Products Capital," Working Papers 873, Queen Mary University of London, School of Economics and Finance.
- Dongya Koh & Raül Santaeulàlia-Llopis & Yu Zheng, 2016. "Labor Share Decline and Intellectual Property Products Capital," Working Papers 927, Barcelona School of Economics.
- Thomas Tørsløv & Ludvig Wier & Gabriel Zucman, 2023.
"The Missing Profits of Nations,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 90(3), pages 1499-1534.
- Thomas R. Tørsløv & Ludvig S. Wier & Gabriel Zucman, 2018. "The Missing Profits of Nations," NBER Working Papers 24701, National Bureau of Economic Research, Inc.
- Thomas Torslov & Ludvig Wier & Gabriel Zucman, 2020. "The Missing Profits of Nations," Working Papers halshs-03022293, HAL.
- Jan De Loecker & Jan Eeckhout & Gabriel Unger, 2020.
"The Rise of Market Power and the Macroeconomic Implications [“Econometric Tools for Analyzing Market Outcomes”],"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(2), pages 561-644.
- Jan De Loecker & Jan Eeckhout, 2017. "The Rise of Market Power and the Macroeconomic Implications," NBER Working Papers 23687, National Bureau of Economic Research, Inc.
- Eeckhout, Jan & De loecker, Jan, 2017. "The Rise of Market Power and the Macroeconomic Implications," CEPR Discussion Papers 12221, C.E.P.R. Discussion Papers.
- Jan Eeckhout, 2019. "The Rise of Market Power and the Macroeconomic Implications," RBA Annual Conference Papers acp2019-07, Reserve Bank of Australia, revised Jul 2019.
- Bridgman, Benjamin, 2018.
"Is Labor'S Loss Capital'S Gain? Gross Versus Net Labor Shares,"
Macroeconomic Dynamics, Cambridge University Press, vol. 22(8), pages 2070-2087, December.
- Benjamin Bridgman, 2014. "Is Labor's Loss Capital's Gain? Gross versus Net Labor Shares," BEA Working Papers 0114, Bureau of Economic Analysis.
- Matthew Rognlie, 2015. "Deciphering the Fall and Rise in the Net Capital Share," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 50(1 (Spring), pages 1-69.
- Matthew Smith & Danny Yagan & Owen Zidar & Eric Zwick, 2019.
"Capitalists in the Twenty-First Century,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 134(4), pages 1675-1745.
- Smith, Matthew & Yagan, Danny & Zidar, Owen M. & Zwick, Eric, 2017. "Capitalists in the Twenty-First Century," Working Papers 271, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
- Matthew Smith & Danny Yagan & Owen M. Zidar & Eric Zwick, 2019. "Capitalists in the Twenty-First Century," NBER Working Papers 25442, National Bureau of Economic Research, Inc.
- Matthew Rognlie, 2015. "Deciphering the Fall and Rise in the Net Capital Share: Accumulation or Scarcity?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 46(1 (Spring), pages 1-69.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Cantore, Cristiano & Freund, Lukas B., 2021.
"Workers, capitalists, and the government: fiscal policy and income (re)distribution,"
Journal of Monetary Economics, Elsevier, vol. 119(C), pages 58-74.
- Cantore, C. & Freund, L. B., 2020. "Workers, Capitalists, and the Government: Fiscal Policy and Income (Re)Distribution," Cambridge Working Papers in Economics 2095, Faculty of Economics, University of Cambridge.
- Cantore, Cristiano & Freund, Lukas, 2020. "Workers, capitalists, and the government: fiscal policy and income (re)distribution," Bank of England working papers 858, Bank of England.
- Miyoshi, Koyo, 2024.
"The decline in the labor share: Evidence from Japanese manufacturers’ panel data,"
Journal of Asian Economics, Elsevier, vol. 92(C).
- Koyo Miyoshi, 2021. "The Decline in the Labor Share: Evidence from Japanese Manufacturers f Panel Data," Discussion papers ron340, Policy Research Institute, Ministry of Finance Japan.
- Germán Gutiérrez & Sophie Piton, 2020.
"Revisiting the Global Decline of the (Non-housing) Labor Share,"
American Economic Review: Insights, American Economic Association, vol. 2(3), pages 321-338, September.
- Gutiérrez, Germán & Piton, Sophie, 2019. "Revisiting the global decline of the (non-housing) labor share," Bank of England working papers 811, Bank of England.
- German Gutierrez & Sophie Piton, 2019. "Revisiting the Global Decline of the (Non-Housing) Labor Share," Discussion Papers 1913, Centre for Macroeconomics (CFM).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Andy Atkeson, 2020.
"Alternative Facts Regarding the Labor Share,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 167-180, August.
- Andy Atkeson, 2020. "Code and data files for "Alternative Facts Regarding the Labor Share"," Computer Codes 19-346, Review of Economic Dynamics.
- Francesca Crucitti & Lorenza Rossi, 2022. "Labor Share Decline and Productivity Slowdown: A Micro-Macro Analysis," Working Papers 350577481, Lancaster University Management School, Economics Department.
- Eggertsson, Gauti B. & Robbins, Jacob A. & Wold, Ella Getz, 2021.
"Kaldor and Piketty’s facts: The rise of monopoly power in the United States,"
Journal of Monetary Economics, Elsevier, vol. 124(S), pages 19-38.
- Gauti B. Eggertsson & Jacob A. Robbins & Ella Getz Wold, 2018. "Kaldor and Piketty’s Facts: The Rise of Monopoly Power in the United States," NBER Working Papers 24287, National Bureau of Economic Research, Inc.
- Gauti Eggertsson & Jacob Robbins, 2018. "Kaldor and Piketty's Facts: the Rise of Monopoly Power in the United States," 2018 Meeting Papers 77, Society for Economic Dynamics.
- ADACHI Daisuke & SAITO Yukiko, 2020. "Multinational Production and Labor Share," Discussion papers 20012, Research Institute of Economy, Trade and Industry (RIETI).
- Philippe Aghion & Antonin Bergeaud & Timo Boppart & Peter J Klenow & Huiyu Li, 2023.
"A Theory of Falling Growth and Rising Rents,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 90(6), pages 2675-2702.
- Philippe Aghion & Antonin Bergeaud & Huiyu Li & Peter Klenow & Timo Boppart, 2019. "A Theory of Falling Growth and Rising Rents," 2019 Meeting Papers 458, Society for Economic Dynamics.
- Philippe Aghion & Antonin Bergeaud & Timo Boppart & Peter Klenow & Huiyu Li, 2023. "A Theory of Falling Growth and Rising Rents," Post-Print halshs-04330700, HAL.
- Philippe Aghion & Antonin Bergeaud & Timo Boppart & Peter J. Klenow & Huiyu Li, 2019. "A Theory of Falling Growth and Rising Rents," Working papers 740, Banque de France.
- Boppart, Timo & Aghion, Philippe & Bergeaud, Antonin & Klenow, Peter J. & Li, Huiyu, 2019. "A Theory of Falling Growth and Rising Rents," CEPR Discussion Papers 14094, C.E.P.R. Discussion Papers.
- Philippe Aghion & Antonin Bergeaud & Timo Boppart & Peter J. Klenow, 2022. "A Theory of Falling Growth and Rising Rents," Working Paper Series 2019-11, Federal Reserve Bank of San Francisco.
- Philippe Aghion & Antonin Bergeaud & Timo Boppart & Peter Klenow & Huiyu Li, 2023. "A Theory of Falling Growth and Rising Rents," PSE-Ecole d'économie de Paris (Postprint) halshs-04330700, HAL.
- Philippe Aghion & Antonin Bergeaud & Timo Boppart & Peter J. Klenow & Huiyu Li, 2019. "A Theory of Falling Growth and Rising Rents," NBER Working Papers 26448, National Bureau of Economic Research, Inc.
- Emilien Gouin-Bonenfant, 2018. "Productivity Dispersion, Between-firm Competition and the Labor Share," 2018 Meeting Papers 1171, Society for Economic Dynamics.
- Bom, Pedro R.D. & Erauskin, Iñaki, 2022.
"Productive government investment and the labor share,"
International Review of Economics & Finance, Elsevier, vol. 82(C), pages 347-363.
- Bom, Pedro R.D. & Erauskin, Iñaki, 2021. "Productive government investment and the labor share," MPRA Paper 108381, University Library of Munich, Germany.
- Andrea L. Eisfeldt & Antonio Falato & Mindy Z. Xiaolan, 2023.
"Human Capitalists,"
NBER Macroeconomics Annual, University of Chicago Press, vol. 37(1), pages 1-61.
- Andrea L. Eisfeldt & Antonio Falato & Mindy Z. Xiaolan, 2022. "Human Capitalists," NBER Chapters, in: NBER Macroeconomics Annual 2022, volume 37, pages 1-61, National Bureau of Economic Research, Inc.
- Andrea L. Eisfeldt & Antonio Falato & Mindy Z. Xiaolan, 2021. "Human Capitalists," NBER Working Papers 28815, National Bureau of Economic Research, Inc.
- Adriana Grasso & Juan Passadore & Facundo Piguillem, 2024.
"The Macroeconomics of Hedging Income Shares,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 54, October.
- Adriana Grasso & Juan Passadore & Facundo Piguillem, 2020. "The Macroeconomics of Hedging Income Shares," EIEF Working Papers Series 2009, Einaudi Institute for Economics and Finance (EIEF), revised May 2020.
- Piguillem, Facundo & Grasso, Adriana & Passadore, Juan, 2020. "The Macroeconomics of Hedging Income Shares," CEPR Discussion Papers 14732, C.E.P.R. Discussion Papers.
- Adriana Grasso & Juan Passadore & Facundo Piguillem, 2020. "The macroeconomics of hedging income shares," Temi di discussione (Economic working papers) 1283, Bank of Italy, Economic Research and International Relations Area.
- Jose Barrales‐Ruiz & Ivan Mendieta‐Muñoz & Codrina Rada & Daniele Tavani & Rudiger von Arnim, 2022.
"The distributive cycle: Evidence and current debates,"
Journal of Economic Surveys, Wiley Blackwell, vol. 36(2), pages 468-503, April.
- Jose Barrales-Ruiz, Ivan Mendieta-Muñoz, Codrina Rada, Daniele Tavani, Rudiger von Arnim, 2021. "The distributive cycle: Evidence and current debates," Working Paper Series, Department of Economics, University of Utah 2021-01, University of Utah, Department of Economics.
- Filip Abraham & Yannick Bormans, 2020. "The Impact of Superstar Firms on the Labor Share: Evidence from Belgium," De Economist, Springer, vol. 168(3), pages 369-402, September.
- Joachim Hubmer, 2019. "The Race Between Preferences and Technology," 2019 Meeting Papers 1430, Society for Economic Dynamics.
- Kuvshinov, Dmitry & Zimmermann, Kaspar, 2022. "The big bang: Stock market capitalization in the long run," Journal of Financial Economics, Elsevier, vol. 145(2), pages 527-552.
- Barış Kaymak & Immo Schott, 2023.
"Corporate Tax Cuts and the Decline in the Manufacturing Labor Share,"
Econometrica, Econometric Society, vol. 91(6), pages 2371-2408, November.
- Barış Kaymak & Immo Schott, 2022. "Corporate tax cuts and the decline of the manufacturing labor share," Working Papers 22-39, Federal Reserve Bank of Cleveland.
- Barış Kaymak & Immo Schott, 2023. "Corporate Tax Cuts and the Decline of the Manufacturing Labor Share," International Finance Discussion Papers 1379, Board of Governors of the Federal Reserve System (U.S.).
- Vallés, Javier & Salas Fumás, Vicente & San Juan, Lucio, 2022. "Corporate economic profits in the euro area: The relevance of cost competitive advantage," International Review of Economics & Finance, Elsevier, vol. 80(C), pages 569-585.
- Matteo G. Richiardi & Luis Valenzuela, 2024.
"Firm heterogeneity and the aggregate labour share,"
LABOUR, CEIS, vol. 38(1), pages 66-101, March.
- Richiardi, Matteo G. & Valenzuela, Luis, 2019. "Firm Heterogeneity and the Aggregate Labour Share," MPRA Paper 94561, University Library of Munich, Germany.
- Richiardi, Matteo & Valenzuela, Luis, 2019. "Firm Heterogeneity and the Aggregate Labour Share," INET Oxford Working Papers 2019-08, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
- Richiardi, Matteo & Valenzuela, Luis, 2023. "Firm heterogeneity and the aggregate labour share," Centre for Microsimulation and Policy Analysis Working Paper Series CEMPA9/23, Centre for Microsimulation and Policy Analysis at the Institute for Social and Economic Research.
- Matteo Richiardi & Luis Valenzuela, 2019. "Firm Heterogeneity and the Aggregate Labour Share," LABORatorio R. Revelli Working Papers Series 166, LABORatorio R. Revelli, Centre for Employment Studies.
- John Van Reenen, 2018.
"Increasing differences between firms: market power and the macro-economy,"
CEP Discussion Papers
dp1576, Centre for Economic Performance, LSE.
- Van Reenen, John, 2018. "Increasing differences between firms: market power and the macro-economy," LSE Research Online Documents on Economics 91698, London School of Economics and Political Science, LSE Library.
- Lee Ohanian & Musa Orak & Shihan Shen, 2023.
"Revisiting Capital-Skill Complementarity, Inequality, and Labor Share,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 479-505, December.
- Lee E. Ohanian & Musa Orak & Shihan Shen, 2021. "Revisiting Capital-Skill Complementarity, Inequality, and Labor Share," International Finance Discussion Papers 1319, Board of Governors of the Federal Reserve System (U.S.).
- Lee E. Ohanian & Musa Orak & Shihan Shen, 2021. "Revisiting Capital-Skill Complementarity, Inequality, and Labor Share," NBER Working Papers 28747, National Bureau of Economic Research, Inc.
- Lee Ohanian & Musa Orak & Shihan Shen, 2023. "Code and data files for "Revisiting Capital-Skill Complementarity, Inequality, and Labor Share"," Computer Codes 21-129, Review of Economic Dynamics.
- Matthias Kehrig & Nicolas Vincent, 2017.
"Growing Productivity without Growing Wages: The Micro-Level Anatomy of the Aggregate Labor Share Decline,"
CESifo Working Paper Series
6454, CESifo.
- Nicolas Vincent & Matthias Kehrig, 2017. "Growing Productivity without Growing Wages: The Micro-Level Anatomy of the Aggregate Labor Share Decline," 2017 Meeting Papers 739, Society for Economic Dynamics.
- Loukas Karabarbounis & Brent Neiman, 2019.
"Accounting for Factorless Income,"
NBER Macroeconomics Annual, University of Chicago Press, vol. 33(1), pages 167-228.
- Loukas Karabarbounis & Brent Neiman, 2018. "Accounting for Factorless Income," NBER Chapters, in: NBER Macroeconomics Annual 2018, volume 33, pages 167-228, National Bureau of Economic Research, Inc.
- Loukas Karabarbounis & Brent Neiman, 2018. "Accounting for Factorless Income," Working Papers 749, Federal Reserve Bank of Minneapolis.
- Loukas Karabarbounis & Brent Neiman, 2018. "Accounting for Factorless Income," NBER Working Papers 24404, National Bureau of Economic Research, Inc.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberch:14090. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.