Search

Showing 221-240 of 13,860 items.

Concentrating on the Fall of the Labor Share

By David Autor, David Dorn, Lawrence F. Katz, Christina Patterson, and John Van Reenen

American Economic Review, May 2017

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 most" competition, leading a small n...