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The Fall of the Labor Share and the Rise of Superstar Firms
TLDR
In this paper, the authors analyzed micro panel data from the U.S. Economic Census since 1982 and international sources and document empirical patterns to assess a new interpretation of the fall in the labor share based on the rise of "superstar firms."Citations
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Equal chances, unequal outcomes? : Network-based evolutionary learning and the industrial dynamics of superstar firms
Jan Schulz,Daniel M. Mayerhoffer +1 more
TL;DR: The authors studied the effect of heterogeneous initial productivities arising from locally segregated markets on aggregate outcomes, e.g., regarding revenue distributions, and found that most intensive local competition leads to the highest concentration, whilst the lowest concentration appears for a mild degree of (local) oligopoly.
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Occupations and the recent trends in wage inequality in Europe
TL;DR: Using EU-SILC data, it is concluded that occupational dynamics did not drive recent trends in wage inequality in Europe.
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The labor market effects of trade union heterogeneity
Marco de Pinto,Jochen Michaelis +1 more
TL;DR: In this article, the authors incorporate union heterogeneity into a Melitz (2003) type model, and show that union heterogeneity unambiguously reduces the negative employment effects of stronger unions.
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Data, measurement and initiatives for inclusive digitalization and future of work
TL;DR: The authors propose to track technological developments globally in a multidisciplinary and coordinated fashion, develop new methods of measurement for the digital economy, harmonize occupational taxonomies and develop new sources of data and indicators at the international level.
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Not all Technological Change is Equal: How the Separability of Tasks Mediates the Effect of Technological Change on Skill Demand
TL;DR: A new theory is developed for how the separability of tasks mediates the effect of technology change on skill demand by changing the divisibility of labor.
References
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About Capital in the Twenty-First Century
TL;DR: In this article, the authors present three key facts about income and wealth inequality in the long run emerging from my book, Capital in the Twenty-First Century, and seek to sharpen and refocus the discussion about those trends.
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The China Syndrome: Local Labor Market Effects of Import Competition in the United States
TL;DR: This paper analyzed the effect of Chinese import competition between 1990 and 2007 on US local labor markets, exploiting cross-market variation in import exposure stemming from initial diffe cerence to US labor markets.
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Industry Structure, Market Rivalry, and Public Policy
TL;DR: In this article, the authors take a critical view of contemporary doctrine in this area and present data which suggest that this doctrine offers a dangerous base upon which to build a public policy toward business.
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Market Size, Trade, and Productivity
TL;DR: In this article, the authors develop a monopolistically competitive model of trade with firm heterogeneity in terms of productivity differences and endogenous differences in the "toughness" of competition across markets.
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Computing Inequality: Have Computers Changed the Labor Market?
TL;DR: The authors examined the effect of technological change and other factors on the relative demand for workers with different education levels and on the recent growth of U.S. educational wage differentials and found that the increase in demand shifts for more-skilled workers in the 1970s and 1980s relative to the 1960s is entirely accounted for by an increase in within- industry changes in skill utilization rather than between-industry employment shifts.