Search Results - subject:"labor's share"

Automation, market concentration, and the labor share

Firooz, Hamid; Liu, Zheng; Wang, Yajie - 2022

Persistent link: https://www.econbiz.de/10013269099

The shift to remote work lessens wage-growth pressures

Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J.; … - 2022

recent rise of remote work also lower labor's share of national income by 1.1 percentage points. In addition, the "unexpected …

Persistent link: https://www.econbiz.de/10013270360

The shift to remote work lessens wage-growth pressures

Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J.; … - 2022

recent rise of remote work also lower labor's share of national income by 1.1 percentage points. In addition, the "unexpected …

Persistent link: https://www.econbiz.de/10013273505

Understanding the reallocation of displaced workers to firms

Brandily, Paul; Hémet, Camille; Malgouyres, Clément - 2022

the cross-section of firms, we find that workers are reemployed by high productivity, low labor share firms. The observed …

Persistent link: https://www.econbiz.de/10013163563

Testing the superstar firm hypothesis

Schiersch, Alexander; Stiel, Caroline - 2022

the fall of the aggregate labor share in the US. This analysis confirms that similar evidence is found within the European … context: the market share and firm size increase, whereas the labor share decreases with productivity. One of the much … share, and can simultaneously spread fixed overhead labor costs over more output, thereby reducing their own labor share and …

Persistent link: https://www.econbiz.de/10013177088

AI, Automation and Taxation

Bastani, Spencer; Waldenström, Daniel - 2024

This paper examines the implications of Artificial Intelligence (AI) and automation for the taxation of labor and capital in advanced economies. It synthesizes empirical evidence on worker displacement, productivity, and income inequality, as well as theoretical frameworks for optimal taxation....

Persistent link: https://www.econbiz.de/10014534311

The Effect of Export Market Access on Labor Market Power: Firm-Level Evidence from Vietnam

Hoang, Trang; Mitra, Devashish; Pham, Hoang - 2024

This paper examines the impact of an export market expansion created by the US-Vietnam Bilateral Trade Agreement (BTA) on competition among manufacturing firms in Vietnam's local labor markets. Using a nonparametric production function approach, we measure distortionary wedges between...

Persistent link: https://www.econbiz.de/10015096852

AI, automation and taxation

Bastani, Spencer; Waldenström, Daniel - 2024

This chapter examines the implications of Artificial Intelligence (AI) and automation for the taxation of labor and capital in advanced economies. It synthesizes empirical evidence on worker displacement, productivity, and income inequality, as well as theoretical frameworks for optimal...

Persistent link: https://www.econbiz.de/10015130127

Multinationals, Robots, and the Labor Share

Leone, Fabrizio - 2024

in their labor share. These effects are identified using a matched event-study design, which accounts for selection into … firms and hold even after considering other explanations for the labor share decline. The estimates imply that without MNEs …, the reduction in the manufacturing labor share over the sample period would have been 8% smaller. Multinational …

Persistent link: https://www.econbiz.de/10015165574

From labor to intermediates: Firm growth, input substitution, and monopsony

Mertens, Matthias; Schoefer, Benjamin - 2024

adjustment costs. The shift from labor to intermediates accounts for one half to one third of the decline in the labor share in … growing firms (the remainder is due to wage markdowns and markups) and rationalizes most of the labor share decline in growing …

Persistent link: https://www.econbiz.de/10015165593