Samuel, Bentolila; Gilles, Saint-Paul - In: The B.E. Journal of Macroeconomics 3 (2003) 1, pp. 1-33
In this paper we study the evolution of the labor share in the OECD. We show it is essentially related to the capital-output ratio; that this relationship is shifted by factors like the price of imported materials or capital-augmenting technological progress; and that discrepancies between the...