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Shareholder Power and the Decline of Labor

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NBER2022-07-01 更新2025-01-04 收录
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Shareholder power in the US grew over recent decades due to a steep rise in concentrated institutional ownership. Using establishment-level data from the US Census Bureaus Longitudinal Business Database for 1982-2015, this paper examines the impact of increases in concentrated institutional

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2022-07-01
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