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References for Understanding the global decline in the labor income share
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Further reading
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Key references
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Keynes, J. M. "Relative movements
of real wages and output" The Economic
Journal 49:193 (1939): 34–51. Key reference: [1]
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Kaldor, N. "Alternative
theories of distribution" The Review of
Economic Studies 23:2 (1955): 83–100. Key reference: [2]
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Dao, M. C., Das, M., Koczan, Z., Lian, W. Why is Labor
Receiving a Smaller Share of Global Income? Theory and Empirical
Evidence. Washington, DC: International Monetary Fund, 2017. Key reference: [3]
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Oishi, Y., Paul, S. Sectoral Labor
Income Share Dynamics: Cross-Country Evidence from a Novel
Dataset ADBI Working
Paper No.875, 2018. Key reference: [4]
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Atkinson, A. B. "Factor shares: The
principal problem of political economy?" Oxford Review of
Economic Policy 25:1 (2009): 3–16. Key reference: [5]
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Karabarbounis, L., Neiman, B. "The global decline
of the labor share" Quarterly Journal
of Economics 129:1 (2014): 61–103. Key reference: [6]
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Paul, S. A Decline in
Labor's Share with Capital Accumulation and Complementary Factor
Inputs: An Application of the Morishima Elasticity of
Substitution IZA Discussion
Paper No.12219, 2019. Key reference: [7]
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Griliches, Z. "Capital–skill
complementarity" Review of
Economics and Statistics 51:4 (1969): 465–468. Key reference: [8]
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Fichtenbaum, R. "Do unions affect
labor's share of income: Evidence using panel data" American Journal
of Economics and Sociology 70:3 (2011): 784–810. Key reference: [9]
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Suzuki, K., Oishi, Y., Paul, S. Globalization,
Structural Transformation, and the Labor Income Share ADBI Working
Paper No.893, 2018. Key reference: [10]
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Elsby, M. W., Hobijn, B., Şahin, A. "The decline of the
US labor share" Brookings Papers
on Economic Activity 2 (2013): 1–63. Key reference: [11]
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Autor, D. H., Dorn, D., Katz, L. F., Patterson, C., Van Reenen, J. Concentrating on
the Fall of the Labor Share NBER Working
Paper No.23108, 2017. Key reference: [12]
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Rognlie, M. "Deciphering the
fall and rise in the net capital share: Accumulation or
scarcity?" Brookings Papers
on Economic Activity 46:1 (2015): 1–69. Key reference: [13]
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Keynes, J. M. "Relative movements
of real wages and output" The Economic
Journal 49:193 (1939): 34–51.