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...

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Bibliographic Details
Main Authors: Grossman, Gene M., Helpman, Elhanan, Oberfield, Ezra, Sampson, Thomas
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: London 2017
LSE
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Online Access:https://www.labourline.org/KENTIKA-19397952124911151349-The-productivity-slowdown-and-.htm

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