Newcastle University, UK, and IZA, Germany
IZA World of Labor role
Assistant Professor (Lecturer), Newcastle University London, UK
labor income share, structural transformation, and land reform
Research Economist, Asian Development Bank Institute (2017–2019); Associate Professor, IER, Hitotsubashi University, Japan (2016–2017); Associate & Assistant Professor, University of Nottingham (MC) (2012–2016)
PhD Economics, Claremont Graduate University, USA, 2008
Labor Income Share in Asia: Measurement, Drivers and Policy. New York: Springer, Forthcoming (Editor with G. Fields).
Labor Income Share: Explaining the Global Decline. London: Palgrave Macmillan, Forthcoming.
“The effect of skilled emigration on real exchange rates through the wage channel.” Journal of International Money and Finance 89 (2018): 139–153 (with A. Ouyang).
“Displacement, compensation and channels of endurance: An industrialization-led development saga.” Oxford Development Studies 45:3 (2017): 240–259 (with V. Sarma).
“Reversal of fortune? The long-term effect of conservation-led displacement in Nepal.” Oxford Development Studies 44:4 (2016): 401–419 (with C. Lam and V. Sarma).
Understanding the global decline in the labor income share
Why did labor’s share of income decline among low-skilled workers but increase among the high-skilled?Saumik Paul, March 2020Globally, the share of income going to labor (the “labor income share”) is declining. However, this aggregate decline hides more than it reveals. While the labor income share has decreased for low-skilled workers, this has been concurrent with an increase for high-skilled workers. Globalization leading to a growing skill premium and an increasing complementarity between capital and skill through the advancement of technology explains the polarization of labor income shares across the skill spectrum.MoreLess