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Journal Article
The Evolution of the Labor Share across Developed Countries
In most developed countries, the share of output accruing to labor has declined over the last 20 years. However, the underlying reasons for the decrease may have differed in the United States and other developed countries. In this Commentary, we examine some of the explanations economists have proposed for the decline in the labor share and discuss how well these explanations account for the decline across developed countries.
Speech
Transcript of Banking Culture - Still Room for Improvement?: panel discussion at Thomson Reuters, New York City
Panel Discussion at Thomson Reuters, New York City: February 7, 2018.
Journal Article
Are CEOs Overpaid?
Feature article on: Are CEOs Overpaid? Incentives for chief executives have important economic implications