Recent Declines in Labor's Share in US Income: A Preliminary Neoclassical Account
收藏数据链接：
官方服务：
资源简介：
As shown in the 1930s by Hicks and Robinson the elasticity of substitution (`sigma`) is a key parameter that captures whether capital and labor are gross complements or substitutes. Establishing the magnitude of `sigma` is vital, not only for explaining changes in the distribution of income between
提供机构：
美国国家经济研究局创建时间：
2015-06-01
