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We propose a novel methodological approach to disentangle the main structural shocks affecting the US labor share of income. We motivate an SVAR model to derive four structural shocks: aggregate… Click to show full abstract
We propose a novel methodological approach to disentangle the main structural shocks affecting the US labor share of income. We motivate an SVAR model to derive four structural shocks: aggregate de...
Keywords:
share income;
labor share;
income shocks
Journal Title: Review of Social Economy
Year Published: 2020
Link to full text (if available)
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Journal Title: Review of Social Economy
Year Published: 2020
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!