Demographic Origins of the Decline in Labor's Share
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Melissa Bjelland & Bruce Fallick & John Haltiwanger & Erika McEntarfer, 2011.
"Employer-to-Employer Flows in the United States: Estimates Using Linked Employer-Employee Data,"
Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 29(4), pages 493-505, October.
- Bjelland, Melissa & Fallick, Bruce & Haltiwanger, John & McEntarfer, Erika, 2011. "Employer-to-Employer Flows in the United States: Estimates Using Linked Employer-Employee Data," Journal of Business & Economic Statistics, American Statistical Association, vol. 29(4), pages 493-505.
- Melissa Bjelland & Bruce Fallick & John Haltiwanger & Erika McEntarfer, 2007. "Employer-to-employer flows in the United States: estimates using linked employer-employee data," Finance and Economics Discussion Series 2007-30, Board of Governors of the Federal Reserve System (U.S.).
- Melissa Bjelland & Bruce Fallick & John Haltiwanger & Erika McEntarfer, 2010. "Employer-to-Employer Flows in the United States: Estimates Using Linked Employer-Employee Data," Working Papers 10-26, Center for Economic Studies, U.S. Census Bureau.
- Melissa Bjelland & Bruce Fallick & John Haltiwanger & Erika McEntarfer, 2008. "Employer-to-Employer Flows in the United States: Estimates Using Linked Employer-Employee Data," NBER Working Papers 13867, National Bureau of Economic Research, Inc.
- Jesper Bagger & Fran?ois Fontaine & Fabien Postel-Vinay & Jean-Marc Robin, 2014.
"Tenure, Experience, Human Capital, and Wages: A Tractable Equilibrium Search Model of Wage Dynamics,"
American Economic Review, American Economic Association, vol. 104(6), pages 1551-1596, June.
- Jesper Bagger & François Fontaine & Fabien Postel-Vinay & Jean-Marc Robin, 2011. "Tenure, Experience, Human Capital and Wages: A Tractable Equilibrium Search Model of Wage Dynamics," Working Papers hal-03461428, HAL.
- Jesper Bagger & François Fontaine & Fabien Postel Vinay & Jean-Marc Robin, 2014. "Tenure, Experience, Human Capital and Wages: A Tractable Equilibrium Search Model of Wage Dynamics," Sciences Po publications info:hdl:2441/7rep5mp5ij9, Sciences Po.
- Jesper Bagger & François Fontaine & Fabien Postel Vinay & Jean-Marc Robin, 2011. "Tenure, Experience, Human Capital and Wages: A Tractable Equilibrium Search Model of Wage Dynamics," Sciences Po publications info:hdl:2441/eu4vqp9ompq, Sciences Po.
- Jesper Bagger & Francois Fontaine & Jean-Marc Robin, 2014. "Tenure, experience, human capital and wages: a tractable equilibrium search model of wage dynamics," CeMMAP working papers CWP12/14, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Brent Neiman, 2014.
"The Global Decline of the Labor Share,"
The Quarterly Journal of Economics, Oxford University Press, vol. 129(1), pages 61-103.
- Loukas Karabarbounis & Brent Neiman, 2013. "The Global Decline of the Labor Share," NBER Working Papers 19136, National Bureau of Economic Research, Inc.
- Alvarez-Cuadrado, Francisco & Long, Ngo Van & Poschke, Markus, 2018.
"Capital-labor substitution, structural change and the labor income share,"
Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 206-231.
- Francisco Alvarez-Cuadrado & Ngo Van Long & Markus Poschke, 2014. "Capital Labor Substitution, Structural Change, and the Labor Income Share," CIRANO Working Papers 2014s-02, CIRANO.
- Alvarez-Cuadrado, Francisco & Long, Ngo Van & Poschke, Markus, 2015. "Capital-Labor Substitution, Structural Change and the Labor Income Share," IZA Discussion Papers 8941, Institute of Labor Economics (IZA).
- Francisco Alvarez-Cuadrado & Ngo Van Long & Markus Poschke, 2014. "Capital-Labor Substitution, Structural Change and the Labor Income Share," CESifo Working Paper Series 4600, CESifo.
- Francisco ALVAREZ-CUADRADO & Ngo Van LONG & Markus POSCHKE, 2014. "Capital-Labor Substitution, Structural Change and the Labor Income Share," Cahiers de recherche 01-2014, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Azar, José & Marinescu, Ioana & Steinbaum, Marshall & Taska, Bledi, 2020.
"Concentration in US labor markets: Evidence from online vacancy data,"
Labour Economics, Elsevier, vol. 66(C).
- José A. Azar & Ioana Marinescu & Marshall I. Steinbaum & Bledi Taska, 2018. "Concentration in US Labor Markets: Evidence From Online Vacancy Data," NBER Working Papers 24395, National Bureau of Economic Research, Inc.
- Azar, José & Marinescu, Ioana E. & Steinbaum, Marshall & Taska, Bledi, 2018. "Concentration in US Labor Markets: Evidence from Online Vacancy Data," IZA Discussion Papers 11379, Institute of Labor Economics (IZA).
- Ezra Oberfield & Devesh Raval, 2021.
"Micro Data and Macro Technology,"
Econometrica, Econometric Society, vol. 89(2), pages 703-732, March.
- Ezra Oberfield & Devesh Raval, 2012. "Micro data and macro technology," Working Paper Series WP-2012-11, Federal Reserve Bank of Chicago.
- Devesh Raval & Ezra Oberfield, 2014. "Micro Data and Macro Technology," 2014 Meeting Papers 1200, Society for Economic Dynamics.
- Ezra Oberfield & Devesh Raval, 2014. "Micro Data and Macro Technology," NBER Working Papers 20452, National Bureau of Economic Research, Inc.
- 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.
- Emi Nakamura & J?n Steinsson, 2014.
"Fiscal Stimulus in a Monetary Union: Evidence from US Regions,"
American Economic Review, American Economic Association, vol. 104(3), pages 753-792, March.
- Emi Nakamura & Jón Steinsson, 2011. "Fiscal Stimulus in a Monetary Union: Evidence from U.S. Regions," NBER Working Papers 17391, National Bureau of Economic Research, Inc.
- Michael Elsby & Bart Hobijn & Ayseful Sahin, 2013.
"The Decline of the U.S. Labor Share,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 44(2 (Fall)), pages 1-63.
- Michael Elsby & Bart Hobijn & Ayşegül Şahin, 2013. "The Decline of the U.S. Labor Share," Working Paper Series 2013-27, Federal Reserve Bank of San Francisco.
- Andrew Glover & Jacob Short, 2020.
"Can Capital Deepening Explain the Global Decline in Labor's Share?,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 35, pages 35-53, January.
- Andrew Glover & Jacob Short, 2019. "Can Capital Deepening Explain the Global Decline in Labor’s Share?," Staff Working Papers 19-3, Bank of Canada.
- Andrew Glover & Jacob Short, 2019. "Online Appendix to "Can Capital Deepening Explain the Global Decline in Labor's Share?"," Online Appendices 18-126, Review of Economic Dynamics.
- Andrew Glover & Jacob Short, 2019. "Code and data files for "Can Capital Deepening Explain the Global Decline in Labor's Share?"," Computer Codes 18-126, Review of Economic Dynamics.
- Chirinko, Robert S., 2008. "[sigma]: The long and short of it," Journal of Macroeconomics, Elsevier, vol. 30(2), pages 671-686, June.
- Matthias Kehrig & Nicolas Vincent, 0. "The Micro-Level Anatomy of the Labor Share Decline," The Quarterly Journal of Economics, Oxford University Press, vol. 136(2), pages 1031-1087.
- Jesper Bagger & Francois Fontaine & Fabien Postel-Vinay & Jean-Marc Robin, 2014.
"Tenure, Experience, Human Capital, and Wages,"
Post-Print
hal-01301431, HAL.
- Jesper Bagger & Francois Fontaine & Fabien Postel-Vinay & Jean-Marc Robin, 2014. "Tenure, Experience, Human Capital, and Wages," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01301431, HAL.
- Jacob A. Mincer, 1974. "Schooling and Earnings," NBER Chapters, in: Schooling, Experience, and Earnings, pages 41-63, National Bureau of Economic Research, Inc.
- 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.
- Paul Beaudry & David A. Green & Benjamin M. Sand, 2014. "The Declining Fortunes of the Young since 2000," American Economic Review, American Economic Association, vol. 104(5), pages 381-386, May.
- Miguel A. León-Ledesma & Peter McAdam & Alpo Willman, 2010.
"Identifying the Elasticity of Substitution with Biased Technical Change,"
American Economic Review, American Economic Association, vol. 100(4), pages 1330-1357, September.
- McAdam, Peter & Willman, Alpo & León-Ledesma, Miguel A., 2009. "Identifying the elasticity of substitution with biased technical change," Working Paper Series 1001, European Central Bank.
- Rasmus Lentz & Nicolas Roys, 2015.
"Training and Search on the Job,"
Working Papers
2016-25, Federal Reserve Bank of St. Louis.
- Nicolas Roys & Rasmus Lentz, 2016. "Training and Search On the Job," 2016 Meeting Papers 187, Society for Economic Dynamics.
- Musa Orak, 2017. "Capital-Task Complementarity and the Decline of the U.S. Labor Share of Income," International Finance Discussion Papers 1200, Board of Governors of the Federal Reserve System (U.S.).
- repec:hal:spmain:info:hdl:2441/7rep5mp5ij95l94ec64n5tdclp is not listed on IDEAS
- Rasmus Lentz & Nicolas Roys, 2015.
"Training and Search on the Job,"
Working Papers
2016-25, Federal Reserve Bank of St. Louis.
- Rasmus Lentz & Nicolas Roys, 2015. "Training and Search On the Job," NBER Working Papers 21702, National Bureau of Economic Research, Inc.
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.- Andrew Glover & Jacob Short, 2020.
"Can Capital Deepening Explain the Global Decline in Labor's Share?,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 35, pages 35-53, January.
- Andrew Glover & Jacob Short, 2019. "Online Appendix to "Can Capital Deepening Explain the Global Decline in Labor's Share?"," Online Appendices 18-126, Review of Economic Dynamics.
- Andrew Glover & Jacob Short, 2020.
"Can Capital Deepening Explain the Global Decline in Labor's Share?,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 35, pages 35-53, January.
- Andrew Glover & Jacob Short, 2019. "Can Capital Deepening Explain the Global Decline in Labor’s Share?," Staff Working Papers 19-3, Bank of Canada.
- Baris Kaymak & Immo Schott, 2018. "Corporate Tax Cuts and the Decline of the Labor Share," 2018 Meeting Papers 943, 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.
- Jacob Short & Andrew Glover, 2017. "The Age-Distribution of Earnings and the Decline in Labor's Share," 2017 Meeting Papers 1369, Society for Economic Dynamics.
- Song, Eunbi, 2021. "What drives labor share change? Evidence from Korean industries," Economic Modelling, Elsevier, vol. 94(C), pages 370-385.
- vom Lehn, Christian, 2018. "Understanding the decline in the U.S. labor share: Evidence from occupational tasks," European Economic Review, Elsevier, vol. 108(C), pages 191-220.
- Gonzalez, Ignacio & Trivin, Pedro, 2019. "The Global Rise of Asset Prices and the Decline of the Labor Share," MPRA Paper 94587, University Library of Munich, Germany.
- Takahashi, Harutaka & Le Riche, Antoine, 2021.
"A dynamic theory of the declining aggregated labor income share: Intangible capital vs. tangible capital,"
Research in Economics, Elsevier, vol. 75(1), pages 104-118.
- Takahashi, Harutaka & Le Riche, Antoine, 2020. "A Dynamic Theory of the Declining Aggregated Labor Income Share: Intangible Capital vs. Tangible Capital," MPRA Paper 101564, University Library of Munich, Germany, revised 05 Apr 2020.
- Guimarães, Luís & Mazeda Gil, Pedro, 2022.
"Explaining the Labor Share: Automation Vs Labor Market Institutions,"
Labour Economics, Elsevier, vol. 75(C).
- LuÃs Guimarães & Pedro Mazeda Gil, 2019. "Explaining the labor share: automation vs labor market institutions," CEF.UP Working Papers 1901, Universidade do Porto, Faculdade de Economia do Porto.
- Luis Guimaraes & Pedro Mazeda Gil, 2019. "Explaining the labor share: automation vs labor market institutions," Economics Working Papers 19-01, Queen's Management School, Queen's University Belfast.
- Guimarães, Luis & Gil, Pedro, 2019. "Explaining the labor share: automation vs labor market institutions," MPRA Paper 92062, University Library of Munich, Germany.
- Emilien Gouin-Bonenfant, 2018. "Productivity Dispersion, Between-firm Competition and the Labor Share," 2018 Meeting Papers 1171, Society for Economic Dynamics.
- Roya Taherifar & Mark J. Holmes & Gazi M. Hassan, 2023. "The drivers of labour share and impact on pay inequality: A firm-level investigation," Working Papers in Economics 23/03, University of Waikato.
- Alessandro Bellocchi & Giovanni Marin & Giuseppe Travaglini, 2021. "The Great Fall of Labor Share:Micro Determinants for EU Countries Over 2011-2019," Working Papers 2102, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2021.
- David Rezza Baqaee & Emmanuel Farhi, 2020.
"Productivity and Misallocation in General Equilibrium,"
The Quarterly Journal of Economics, Oxford University Press, vol. 135(1), pages 105-163.
- Baqaee, David Rezza & Farhi, Emmanuel, 2017. "Productivity and misallocation in general equilibrium," LSE Research Online Documents on Economics 87170, London School of Economics and Political Science, LSE Library.
- David Baqaee & Emmanuel Farhi, 2018. "Productivity and Misallocation in General Equilibrium," 2018 Meeting Papers 357, Society for Economic Dynamics.
- David Rezza Baqaee & Emmanuel Farhi, 2017. "Productivity and Misallocation in General Equilibrium," Discussion Papers 1735, Centre for Macroeconomics (CFM).
- Baqaee, David Rezza & Farhi, Emmanuel, 2017. "Productivity and Misallocation in General Equilibrium," CEPR Discussion Papers 12447, C.E.P.R. Discussion Papers.
- David Rezza Baqaee & Emmanuel Farhi, 2017. "Productivity and Misallocation in General Equilibrium," NBER Working Papers 24007, National Bureau of Economic Research, Inc.
- repec:hal:wpspec:info:hdl:2441/5j3i17uo7399t940lrt6h6n545 is not listed on IDEAS
- Panon, Ludovic, 2022. "Labor share, foreign demand and superstar exporters," Journal of International Economics, Elsevier, vol. 139(C).
- Goren, Amir, 2017. "Inequality and Production Elasticity," MPRA Paper 80316, University Library of Munich, Germany.
- Ludovic Panon, 2020.
"Labor Share, Foreign Demand and Superstar Exporters,"
Working Papers
hal-03386549, HAL.
- Ludovic Panon, 2020. "Labor Share, Foreign Demand and Superstar Exporters," Sciences Po publications 2020-12, Sciences Po.
- Ludovic Panon, 2020. "Labor Share, Foreign Demand and Superstar Exporters," SciencePo Working papers hal-03386549, HAL.
- Ludovic Panon, 2020. "Labor Share, Foreign Demand and Superstar Exporters," Sciences Po Economics Discussion Papers 2020-12, Sciences Po Departement of Economics.
- Feijoo Moreira, Sergio, 2022. "Inside the decline of the labor share: Technical change, market power, and structural change," Journal of Economic Dynamics and Control, Elsevier, vol. 145(C).
- Growiec, Jakub & McAdam, Peter & Mućk, Jakub, 2018.
"Endogenous labor share cycles: Theory and evidence,"
Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 74-93.
- Peter McAdam & Jakub Muck & Jakub Growiec, 2015. "Endogenous Labor Share Cycles: Theory and Evidence," 2015 Meeting Papers 62, Society for Economic Dynamics.
- Jakub Growiec & Peter McAdam & Jakub Muck, 2016. "Endogenous Labor Share Cycles: Theory and Evidence," Working Papers 2016-015, Warsaw School of Economics, Collegium of Economic Analysis.
- McAdam, Peter & Muck, Jakub & Growiec, Jakub, 2015. "Endogenous labor share cycles: theory and evidence," Working Paper Series 1765, European Central Bank.
- repec:hal:spmain:info:hdl:2441/5j3i17uo7399t940lrt6h6n545 is not listed on IDEAS
- Gabriel Smagghue, 2021. "Heterogeneous Policy Distortions and the Labor Share," Working papers 803, Banque de France.
More about this item
Keywords
demographics; labor share; earnings distribution; income distribution;All these keywords.
JEL classification:
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
- E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
NEP fields
This paper has been announced in the following NEP Reports:- NEP-AGE-2020-09-07 (Economics of Ageing)
- NEP-DEM-2020-09-07 (Demographic Economics)
- NEP-LMA-2020-09-07 (Labor Markets - Supply, Demand, & Wages)
- NEP-LTV-2020-09-07 (Unemployment, Inequality & Poverty)
Statistics
Access and download statisticsCorrections
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:bis:biswps:874. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/bisssch.html .
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: Christian Beslmeisl (email available below). General contact details of provider: https://edirc.repec.org/data/bisssch.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.