Recent Declines in Labor's Share in US Income: A Preliminary Neoclassical Account

By Robert Z. Lawrence. 2015

130 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/65ee04bf54b91db1f5b27a2153394144d8dd402a

How researchers see this paper

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In Economics and Econometrics

1. David H. Autor
2. John Van Reenen
3. David Dorn
4. Ufuk Akcigit
5. S. Ateş
6. Lawrence F. Katz
7. Christina Patterson
8. Daron Acemoglu

Citations in the corpus

• The Fall of the Labor Share and the Rise of Superstar Firms* (2017, background): “Karabarbounis and Neiman (2013) provide evidence for an elasticity above 1, but the bulk of the empirical literature suggests an elasticity of below 1 (e.g., Hamermesh 1990; Antràs 2004; Oberfield and Raval 2014; Lawrence 2015).”
• The Missing Profits of Nations (2018, unknown): “However, a micro literature finds σ <1 (e.g. Lawrence, 2015; Oberfield and Raval, 2021), while a macro literature finds σ >1 (e.g. Karabarbounis and Neiman, 2014; Piketty and Zucman, 2014).”
• Ten Facts on Declining Business Dynamism and Lessons from Endogenous Growth Theory (2019, background): “Figure  4 demonstrates the steady decline in the labor share of output in the United States since the early 1980s (Karabarbounis and  Neiman 2014; Elsby, Hobijn, and Sahin 2013; Lawrence 2015).”