Investigating Global Labor and Pro t Shares

German Gutierrez ()

No 165, 2018 Meeting Papers from Society for Economic Dynamics

Abstract: This paper investigates labor and profit share trends across Advanced Economies. It shows that growth in the Real Estate sector is the primary driver of declining labor shares outside the US. Excluding the Real Estate sector, non-US labor and profit shares have remained relatively stable since the 1970s. By contrast, the US labor share declined and the profit share increased across virtually all industries. The divergent US patterns appear to be explained by declining competition in the form of rising mark-ups and rising concentration.

Date: 2018
New Economics Papers: this item is included in nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://red-files-public.s3.amazonaws.com/meetpapers/2018/paper_165.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:red:sed018:165

Access Statistics for this paper

More papers in 2018 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().