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Author : Paul Gomme
Publisher :
ISBN 13 :
Total Pages : 10 pages
Book Rating : 4.:/5 (574 download)
Download or read book Measuring Labor's Share of Income written by Paul Gomme and published by . This book was released on 2004 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (31 download)
Download or read book Multifactor Productivity Trends written by and published by . This book was released on 1995 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Saumik Paul
Publisher : Springer Nature
ISBN 13 : 981156860X
Total Pages : 281 pages
Book Rating : 4.8/5 (115 download)
Download or read book Labor Income Share written by Saumik Paul and published by Springer Nature. This book was released on 2020-10-01 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author : Mr.Yasser Abdih
Publisher : International Monetary Fund
ISBN 13 : 1484311000
Total Pages : 26 pages
Book Rating : 4.4/5 (843 download)
Download or read book What Explains the Decline of the U.S. Labor Share of Income? An Analysis of State and Industry Level Data written by Mr.Yasser Abdih and published by International Monetary Fund. This book was released on 2017-07-24 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. labor share of income has been on a secular downward trajectory since the beginning of the new millennium. Using data that are disaggregated across both state and industry, we show the decline in the labor share is broad-based but the extent of the fall varies greatly. Exploiting a new data set on the task characteristics of occupations, the U.S. input-output tables, and the Current Population Survey, we find that in addition to changes in labor institutions, technological change and different forms of trade integration lowered the labor share. In particular, the fall was largest, on average, in industries that saw: a high initial intensity of “routinizable” occupations; steep declines in unionization; a high level of competition from imports; and a high intensity of foreign input usage. Quantitatively, we find that the bulk of the effect comes from changes in technology that are linked to the automation of routine tasks, followed by trade globalization.
Author : Lequiller François
Publisher : OECD Publishing
ISBN 13 : 9264214631
Total Pages : 520 pages
Book Rating : 4.2/5 (642 download)
Download or read book Understanding National Accounts Second Edition written by Lequiller François and published by OECD Publishing. This book was released on 2014-10-20 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an update of OECD 2006 "Understanding National Accounts". It contains new data, new chapters and is adapted to the new systems of national accounts, SNA 2008 and ESA 2010.
Author : United States. Bureau of Labor Statistics
Publisher :
ISBN 13 :
Total Pages : 740 pages
Book Rating : 4.3/5 ( download)
Download or read book Occupational Outlook Handbook written by United States. Bureau of Labor Statistics and published by . This book was released on 1957 with total page 740 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Dan Usher
Publisher : University of Chicago Press
ISBN 13 : 0226843025
Total Pages : 570 pages
Book Rating : 4.2/5 (268 download)
Download or read book The Measurement of Capital written by Dan Usher and published by University of Chicago Press. This book was released on 2008-04-15 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt: How is real capital measured by government statistical agencies? How could this measure be improved to correspond more closely to an economist's ideal measure of capital in economic analysis and prediction? It is possible to construct a single, reliable time series for all capital goods, regardless of differences in vintage, technological complexity, and rates of depreciation? These questions represent the common themes of this collection of papers, originally presented at a 1976 meeting of the Conference on Income and Wealth.
Author : Gary Fields
Publisher : Springer
ISBN 13 : 9811378037
Total Pages : 267 pages
Book Rating : 4.8/5 (113 download)
Download or read book Labor Income Share in Asia written by Gary Fields and published by Springer. This book was released on 2019-08-09 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first study that puts together a comprehensive and in-depth analysis of the drivers of the labor income share across a number of countries in Asia. This book provides an insightful companion to the study of labor income shares that plays a vital role in understanding the relationship between national income and personal income, and the relationship between wage inequality and wealth inequality. The timing of the book is ideal, as the ongoing debate over a global decline in the labor income share is far from settled. To this extent, evidence from the Asian countries is mixed. The labor income share in some Asian countries has been rising since the 1990s. The purpose of this edited volume is to gain more insights on the potential drivers of the Asian experience. The first half of the book pays attention to the measurement problems related to the earnings of self-employed and workers in the informal sector. Then it puts together country case studies examining a wide range of factors driving the labor income share in Asia.
Author : Mai Chi Dao
Publisher : International Monetary Fund
ISBN 13 : 1484311043
Total Pages : 70 pages
Book Rating : 4.4/5 (843 download)
Download or read book Why Is Labor Receiving a Smaller Share of Global Income? Theory and Empirical Evidence written by Mai Chi Dao and published by International Monetary Fund. This book was released on 2017-07-24 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper documents the downward trend in the labor share of global income since the early 1990s, as well as its heterogeneous evolution across countries, industries and worker skill groups, using a newly assembled dataset, and analyzes the drivers behind it. Technological progress, along with varying exposure to routine occupations, explains about half the overall decline in advanced economies, with a larger negative impact on middle-skilled workers. In emerging markets, the labor share evolution is explained predominantly by global integration, particularly the expansion of global value chains that contributed to raising the overall capital intensity in production.
Author : Carol Corrado
Publisher : University of Chicago Press
ISBN 13 : 0226116174
Total Pages : 602 pages
Book Rating : 4.2/5 (261 download)
Download or read book Measuring Capital in the New Economy written by Carol Corrado and published by University of Chicago Press. This book was released on 2009-02-15 with total page 602 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the accelerated technological advances of the past two decades continue to reshape the United States' economy, intangible assets and high-technology investments are taking larger roles. These developments have raised a number of concerns, such as: how do we measure intangible assets? Are we accurately appraising newer, high-technology capital? The answers to these questions have broad implications for the assessment of the economy's growth over the long term, for the pace of technological advancement in the economy, and for estimates of the nation's wealth. In Measuring Capital in the New Economy, Carol Corrado, John Haltiwanger, Daniel Sichel, and a host of distinguished collaborators offer new approaches for measuring capital in an economy that is increasingly dominated by high-technology capital and intangible assets. As the contributors show, high-tech capital and intangible assets affect the economy in ways that are notoriously difficult to appraise. In this detailed and thorough analysis of the problem and its solutions, the contributors study the nature of these relationships and provide guidance as to what factors should be included in calculations of different types of capital for economists, policymakers, and the financial and accounting communities alike.
Author : David Pothier
Publisher : International Monetary Fund
ISBN 13 : 1498300987
Total Pages : 50 pages
Book Rating : 4.4/5 (983 download)
Download or read book Demand Composition and Income Distribution written by David Pothier and published by International Monetary Fund. This book was released on 2014-12-15 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper highlights how changes in the composition of demand affect income dispersion in the short run. We first document how the share of aggregate spending dedicated to labour-intensive goods and services shrinks (expands) during downturns (booms), and argue that this contributes to the observed pro-cyclicality of employment and output in labour-intensive industries. Using a two-sector general equilibrium model, we then assess how this demand composition channel influences the cyclical properties of the income distribution. Consistent with empirical evidence, we find income inequality to be countercyclical due to changes in the level of employment and (to a lesser extent) relative factor prices. The model also shows that wealth redistribution policies can potentially involve a trade-off between equality and output, depending on how they affect the composition of aggregate demand.
Author : Raj Chetty
Publisher : University of Chicago Press
ISBN 13 : 0226816044
Total Pages : 736 pages
Book Rating : 4.2/5 (268 download)
Download or read book Measuring Distribution and Mobility of Income and Wealth written by Raj Chetty and published by University of Chicago Press. This book was released on 2022-11-16 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of twenty-three studies that explore the latest developments in the analysis of income and wealth distribution and mobility. Economic research is increasingly focused on inequality in the distribution of personal resources and outcomes. One aspect of inequality is mobility: are individuals locked into their respective places in this distribution? To what extent do circumstances change, either over the lifecycle or across generations? Research not only measures inequality and mobility, but also analyzes the historical, economic, and social determinants of these outcomes and the effect of public policies. This volume explores the latest developments in the analysis of income and wealth distribution and mobility. The collection of twenty-three studies is divided into five sections. The first examines observed patterns of income inequality and shifts in the distribution of earnings and in other factors that contribute to it. The next examines wealth inequality, including a substantial discussion of the difficulties of defining and measuring wealth. The third section presents new evidence on the intergenerational transmission of inequality and the mechanisms that underlie it. The next section considers the impact of various policy interventions that are directed at reducing inequality. The final section addresses the challenges of combining household-level data, potentially from multiple sources such as surveys and administrative records, and aggregate data to study inequality, and explores ways to make survey data more comparable with national income accounts data.
Author : Engelbert Stockhammer
Publisher : Springer
ISBN 13 : 1137357932
Total Pages : 329 pages
Book Rating : 4.1/5 (373 download)
Download or read book Wage-Led Growth written by Engelbert Stockhammer and published by Springer. This book was released on 2013-12-03 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.
Author : United States. Bureau of Labor Statistics
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (31 download)
Download or read book How the Government Measures Unemployment written by United States. Bureau of Labor Statistics and published by . This book was released on 1967 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Katharine G. Abraham
Publisher : University of Chicago Press
ISBN 13 : 0226001466
Total Pages : 520 pages
Book Rating : 4.2/5 (26 download)
Download or read book Labor in the New Economy written by Katharine G. Abraham and published by University of Chicago Press. This book was released on 2010-11-15 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the structure of the economy has changed over the past few decades, researchers and policy makers have been increasingly concerned with how these changes affect workers. In this book, leading economists examine a variety of important trends in the new economy, including inequality of earnings and other forms of compensation, job security, employer reliance on temporary and contract workers, hours of work, and workplace safety and health. In order to better understand these vital issues, scholars must be able to accurately measure labor market activity. Thus, Labor in the New Economy also addresses a host of measurement issues: from the treatment of outliers, imputation methods, and weighting in the context of specific surveys to evaluating the strengths and weaknesses of data from different sources. At a time when employment is a central concern for individuals, businesses, and the government, this volume provides important insight into the recent past and will be a useful tool for researchers in the future.
Author :
Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 (319 download)
Download or read book The Economic Census written by and published by . This book was released on 1997 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : United Nations Economic Commission for Europe
Publisher : United Nations
ISBN 13 : 9210598660
Total Pages : 154 pages
Book Rating : 4.2/5 (15 download)
Download or read book Guide on Measuring Human Capital written by United Nations Economic Commission for Europe and published by United Nations. This book was released on 2017-01-16 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: The idea of viewing individuals’ knowledge and abilities as an asset—as human capital—can be traced back to the work of Adam Smith in the 18th century. But human capital is intangible, and hence hard to define and measure. Increasingly, however, policymakers are calling for ways to understand and quantify human capital, in order to better understand what drives economic growth and the functioning of labour markets, to assess the long-term sustainability of a country’s development path, and to measure the output and productivity performance of the educational sector. Devising a robust methodology for the monetary valuation of the stock of human capital is especially important as studies suggest that human capital is by far the most important component of the total capital stock in most advanced economies. This Guide on Measuring Human Capital discusses conceptual, methodological and implementation issues and challenges. The recommendations are a first attempt to come up with a way to estimate and record the role of human capital in a way that is aligned with the principles of the national accounts and that is comparable across economies.
