70 years of US corporate profits

Simcha Barkai and Seth G. Benzell

Journal of Corporate Finance, 2024, vol. 87, issue C

Abstract: We construct and compare aggregate measures of profits for the U.S. non-financial corporate sector over the period 1946–2016. The measures commonly show that the profit share is declining from 1946 to the early 1980s and has been increasing since. As a share of gross value added, profits today are higher than they were in 1984, but lower than their value in the years after World War II.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:corfin:v:87:y:2024:i:c:s0929119924000841

DOI: 10.1016/j.jcorpfin.2024.102622

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