Effects of Globalization on Labor's Share in National Income /
The past two decades have seen a decline in labor's share of national income in several industrial countries. This paper analyzes the role of three factors in explaining movements in labor's share--factor-biased technological progress, openness to trade, and changes in employment protectio...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2006.
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Series: | IMF Working Papers; Working Paper ;
No. 2006/294 |
Online Access: | Full text available on IMF |