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The Fall of the Labor Share and the Rise of Superstar Firms
Autor, David H. - 2017
The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments of trends in labor's share typically have relied on industry or macro data, obscuring heterogeneity among firms. In...
Persistent link: https://www.econbiz.de/10012956029
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The Fall of the Labor Share and the Rise of Superstar Firms
Autor, David H. - 2017
The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments of trends in labor's share typically have relied on industry or macro data, obscuring heterogeneity among firms. In...
Persistent link: https://www.econbiz.de/10012956386
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The Fall of the Labor Share and the Rise of Superstar Firms
Autor, David - 2017
The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments of trends in labor's share typically have relied on industry or macro data, obscuring heterogeneity among firms. In...
Persistent link: https://www.econbiz.de/10012455285
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The aggregate consequences of default risk : evidence from firm-level data
Besley, Timothy; Roland, Isabelle; Van Reenen, John - 2020
This paper studies the implications of perceived default risk for aggregate output and productivity. Using a model of … credit across firms with heterogeneous productivity. Further, we find that these losses accounted for over half of the … productivity fall between 2008 and 2009, and persisted for smaller (although not larger) firms. …
Persistent link: https://www.econbiz.de/10012241111
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The aggregate consequences of default risk : evidence from firm-level data
Besley, Timothy; Roland, Isabelle; Van Reenen, John - 2019
Persistent link: https://www.econbiz.de/10012793064
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The aggregate consequences of default risk : evidence from firm-level data
Besley, Timothy; Roland, Isabelle; Van Reenen, John - 2020
Persistent link: https://www.econbiz.de/10012196328
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Why Is the corporate tax rate lower than the personal tax rate?
Fuest, Clemens; Huber, Bernd; Nielsen, Søren Bo - 2000 - This version: July 2000
In many OECD countries, statutory corporate tax rates are lower than personal income tax rates. The present paper argues that this tax rate differentiation is an optimal tax policy if there are problems of asymmetric information between investors and firms in the capital market. The reduction of...
Persistent link: https://www.econbiz.de/10011536306
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Why is the corporate tax rate lower than the personal tax rate? : The role of new firms
Fuest, Clemens; Huber, Bernd; Nielsen, Søren Bo - In: Journal of public economics 87 (2003) 1, pp. 157-174
Persistent link: https://www.econbiz.de/10001719640
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Why is the corporate tax rate lower than the personal tax rate?
Fuest, Clemens - 2000
Persistent link: https://www.econbiz.de/10014378814
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The fall of the labor share and the rise of superstar firms
Autor, David H.; Dorn, David; Katz, Lawrence F.; … - 2017
The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments of trends in labor's share typically have relied on industry or macro data, obscuring heterogeneity among firms. In...
Persistent link: https://www.econbiz.de/10011647664