Tag Archives: Brent Neiman

Capital Depreciation and Labor Shares Around the World: Measurement and Implications

From Loukas Karabarbounis and Brent Neiman: The labor share is typically measured as compensation to labor relative to gross value added (“gross labor share”), in part because gross value added is more directly measured than net value added. Labor compensation relative … Continue reading

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The Decline of the U.S. Labor Share – Comments

Comments from Brent Neiman on work by Michael Elsby, Bart Hobijn, and Aysegul Sahin. See here and here for old posts on this issue.

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Declining Labor Shares and Rising Corporate Profits

A few people have been posting about the global trend of falling labor shares (e.g. Tim Taylor) so I thought I’d highlight a paper by Loukas Karabarbounis and Brent Neiman on the subject. Here’s a non-technical summary. I haven’t had a … Continue reading

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