The productivity slowdown and the declining labor share: a neoclassical exploration
"We explore the possibility that a global productivity slowdown is responsible for the widespread decline in the labor share of national income. In a neoclassical growth model with endogenous human capital accumulation a la Ben Porath (1967) and capital-skill complementarity a la Grossman et al...
Main Authors: | Grossman, Gene M., Helpman, Elhanan, Oberfield, Ezra, Sampson, Thomas |
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Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
London
2017
LSE |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19397952124911151349-The-productivity-slowdown-and-.htm |
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