| 000 -LEADER |
|---|
| fixed length control field |
01204nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
210710b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Gutierrez, German and Piton, Sophie |
| 245 ## - TITLE STATEMENT |
|---|
| Title |
Revisiting the global decline of the (non-housing) labor share |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
|---|
| Place of publication, distribution, etc |
The American Economic Review: Insights |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
2(3), Sep, 2020: p.321-338 |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc |
We show that cross-country comparisons of corporate labor shares are affected by differences in the delineation of corporate sectors. While the United States excludes all self-employed and most dwellings from the corporate sector, other countries include large amounts of both—biasing labor shares downward. We propose two methods to control for these differences and obtain "harmonized" non-housing labor share series. Contrary to common wisdom, the harmonized series remain stable or increase in all major advanced economies except the United States and Canada. These new facts cast doubts on most technological explanations for the decline of the labor share.- Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Corporate sectors, Corporate labor shares |
| 9 (RLIN) |
26444 |
| 773 ## - HOST ITEM ENTRY |
|---|
| Main entry heading |
The American Economic Review: Insights |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
|---|
| Subject DIP |
LABOUR |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
|---|
| Item type |
Articles |
