Fiche du document
- handle: 10670/1.tzze1d
- hal: hal-02484249
- doi: 10.1016/j.econlet.2020.108979
Ce document est lié à :
info:eu-repo/semantics/altIdentifier/doi/10.1016/j.econlet.2020.108979
info:eu-repo/semantics/OpenAccess
Mots-clés
Labor share Labor cost Value added sharing D - Microeconomics/D.D3 - Distribution/D.D3.D33 - Factor Income Distribution D - Microeconomics/D.D2 - Production and Organizations/D.D2.D24 - Production • Cost • Capital • Capital, Total Factor, and Multifactor Productivity • Capacity J - Labor and Demographic Economics/J.J3 - Wages, Compensation, and Labor Costs/J.J3.J33 - Compensation Packages • Payment MethodsSujets proches
Labor and laboring classesCiter ce document
Gilbert Cette et al., « Labor share », HAL-SHS : économie et finance, ID : 10.1016/j.econlet.2020.108979
Métriques
Partage / Export
Résumé
We challenge the accepted wisdom of a global secular decline in the labor share. We document three issues: (i) starting periods for the empirical analysis; (ii) accounting for self-employment; and (iii) accounting for residential real estate income. An empirical analysis is carried out on the Euro Area (EA) and ten developed countries. When the three issues are set aside, the orientation of the labor share in the business sector appears not to be a general downward or upward one.