What Explains the Decline of the U.S. Labor Share of Income? An Analysis of State and Industry Level Data

What Explains the Decline of the U.S. Labor Share of Income? An Analysis of State and Industry Level Data
The U.S. labor share of income has been on a secular downward trajectory since the beginning of the new millennium. Using data that are disaggregated across both state and industry, we show the decline in the labor share is broad-based but the extent of the fall varies greatly. Exploiting a new data set on the task... READ MORE...

Publication date: July 2017
ISBN 9781484311004
$18.00

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