Labor Share Decline and Intellectual Property Products Capital
Raül Santaeulàlia‐Llopis and
Authors registered in the RePEc Author Service: Raul Santaeulalia-Llopis
Econometrica, 2020, vol. 88, issue 6, 2609-2628
We study the behavior of the U.S. labor share over the past 90 years. We find that the observed decline of the labor share is entirely explained by the capitalization of intellectual property products in the national income and product accounts.
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Working Paper: Labor Share Decline and Intellectual Property Products Capital (2018)
Working Paper: Labor Share Decline and Intellectual Property Products Capital (2016)
Working Paper: Labor share decline and intellectual property products capital (2015)
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