Public enterprise and the rise and fall of labor share.

Developed economies experienced a rise and fall in labor share (LS) in the postwar period. We present a novel explanation of these trends – public enterprise employment. We document a link between it and both LS and wage compression in 15 developed nations. We then build a model that shows how overs...

Descripción completa

Detalles Bibliográficos

Publicado en:	Economic Inquiry Vol. 60; no. 1; pp. 320 - 351
Autores principales:	Bridgman, Benjamin, Greenaway‐McGrevy, Ryan
Formato:	Artículo
Publicado:	Wiley-Blackwell Jan2022
Materias:	Government business enterprises Income inequality Private sector Stock prices Developed countries
Acceso en línea:	Ver este registro en EBSCOhost