Książki

This book is about labor income share, which measures the share of national income paid in wages. The global share of income going towards labor is declining, which suggests a more unequal distribution of income. This has sparked debates about fair distribution of personal incomes among academics and policymakers alike. This book joins the discussion by bringing together recent developments in theoretical and empirical research on labor income share and novel insights on the measurement of the labor income share. The aim of this book is to help design policies to reduce inequality and provide useful knowledge to academics, policymakers from government agencies, policy aides in research institutions and think tanks, and broader audiences from public and private organizations. 

Labor Income Share: Understanding the Drivers of the Global Decline

1. Introduction.- 2. Definition, Measurement, and Conceptual Issues.- 3. Global Trends in Labor Income Share: Country Level.- 4. Global Trends in Labor Income Share: Sector Level.- 5. Global Trends in Labor Income Share: Firm Level.- 6. The Economic Forces Behind Labor Income Share: Theory.- 7. The Economic Forces Behind Labor Income Share: Empirics.- 8. Potential Areas of Future Research.- 9. Concluding Remarks.