[宏觀經濟學研討會]The Global Decline of the Labor Share
發文時間:2015-11-24
【ECON20151220】
宏觀經濟學研討會 (總第193期)

【時間】2015年11月25日(周三)12:15-13:45
【地點】明商0502教室
【主講】林煒 中國人民大學經濟學院
【主題】The Global Decline of the Labor Share ( L.Karabarbounis & B. Neiman. NBER Working Paper, 2013)
【點評】陳樸 中國人民大學經濟學院助理教授 明尼蘇達大學經濟學博士
【摘要】The stability of the labor share of income is a key foundation in macroeconomic models. We document, however, that the global labor share has significantly declined since the early 1980s, with the decline occurring within the large majority of countries and industries. We show that the decrease in the relative price of investment goods, often attributed to advances in information technology and the computer age, induced firms to shift away from labor and toward capital. The lower price of investment goods explains roughly half of the observed decline in the labor share, even when we allow for other mechanisms influencing factor shares such as increasing profits, capital-augmenting technology growth, and the changing skill composition of the labor force. We highlight the implications of this explanation for welfare and macroeconomic dynamics.
【主持】陳彥斌 教授


人大宏觀經濟學研討會(Macro Workshop)旨在追蹤宏觀經濟學國際最新進展,倡導構建符合國情的動態優化模型,并使用計算機模擬研究經濟增長、收入分配和宏觀政策等中國宏觀經濟重大問題。
聯系人:劉哲希    Email:Macro_Workshop@163.com
資料下載:www.docin.com/mydoc-88265459-1.html



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