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003 | ZW-GwMSU | ||
005 | 20240430093113.0 | ||
008 | 230830b |||||||| |||| 00| 0 eng d | ||
022 | _a13504851 | ||
040 |
_aMSU _cMSU _erda _bEnglish |
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050 | 0 | 0 | _aHB1.A666 APP |
100 | 1 |
_aYoung Andrew T _eauthor |
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245 | 1 | 0 |
_aRemeasuring labour's share _ccreated by Andrew T. Young and Hernando Zuleta |
264 | 1 |
_aNew York: _bTaylor and Francis, _c2013 |
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336 |
_2rdacontent _atext _btxt |
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337 |
_2rdamedia _aunmediated _bn |
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338 |
_2rdacarrier _avolume _bnc |
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440 |
_aApplied economics letters _vVolume 20, number 5 |
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520 | 3 | _aKrueger (1999) provides a measure of ‘raw’ labour's share for the US post-war economy based on Mincerian regressions. He finds that raw labour's share fell by over 8 percentage points from 1959 to 1996. We provide an alternative estimate using direct observations on the wage rates of raw labour units, i.e. those with 8 years of education or less; aged 16–18 years. Our measure of raw labour's share is considerably higher on average than Krueger's. Furthermore, our measure rises during the later part of the sample and is over 22% by 1996. | |
650 |
_aLabour's share _vFactor shares _xDevelopment |
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700 | 1 |
_aZuleta Hernando _eco-author |
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856 | _uhttps://doi.org/10.1080/13504851.2012.718061 | ||
942 |
_2lcc _cJA |
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999 |
_c163135 _d163135 |