Blar i Handelshøyskolen BI på forfatter "Maffei Faccioli, Nicolo"
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The decline of the labor share: new empirical evidence
Bergholt, Drago; Furlanetto, Francesco; Maffei Faccioli, Nicolo (Peer reviewed; Journal article, 2022)We use time series techniques to estimate the importance of four main explanations for the decline of the US labor income share: rising firm markups, falling bargaining power of workers, higher investment-specific technology ...