The labor share in the service economy
Published on Tuesday, June 26, 2018 | Updated on Tuesday, June 26, 2018
The labor share in the service economy
Summary
Much research has documented a decline in the aggregate labor share in the United States and other countries. Yet, this is not a general phenomenon across industries. In fact, there has been a divergence between services and non-services industries in the United States since 1980.
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- Europe
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- Macroeconomic Analysis
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Authors
Luis Díez Catalán