Browsing by Author "Autor, David"
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Concentrating on the Fall of the Labor Share
Autor, David; Dorn, David; Katz, Lawrence; Patterson, Christina; Van Reenen, John (American Economic Association, 2017-05)The recent fall of labor's share of GDP in numerous countries is well-documented, but its causes are poorly understood. We sketch a "superstar firm" model where industries are increasingly characterized by "winner take ...