What Explains the Decline of the U.S. Labor Share of Income? : An Analysis of State and Industry Level Data /
The U.S. labor share of income has been on a secular downward trajectory since the beginning of the new millennium. Using data that are disaggregated across both state and industry, we show the decline in the labor share is broad-based but the extent of the fall varies greatly. Exploiting a new data...
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Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2017.
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Collection: | IMF Working Papers; Working Paper ;
No. 2017/167 |
Accès en ligne: | Full text available on IMF |