Open AccessPosted Content
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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Retailers' Content Strategies on Social Media: Insights from Analysis of Large-scale Twitter Data
TL;DR: In this paper, a measure of online social media competition based on content similarity is proposed, which shows that traditional close competitors that have a higher degree of similarity offline, show greater divergence in their content strategies online.
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Concentration and Foreign Sourcing in the U.S. Retail Sector
TL;DR: This paper examined the role of direct imports from China in the transformation of the U.S. retail sector and found that direct imports account for at least 14 percent of the decrease in the number of small clothing stores.
Journal ArticleDOI
Why Is the Labor Share Declining
Sangmin Aum,Yongseok Shin +1 more
TL;DR: This article reviewed several of the leading explanations in the literature for the declining labor share and pointed to hitherto unexplored dimensions of the data and provided suggestive evidence for a new explanation for a steeper descent in 2000.
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Drivers of Weak Wage Growth in Advanced Economies
TL;DR: In this paper, a survol de la litterature pertinente et analysons les donnees recentes sur le marche du travail des economies avancees.
Proceedings ArticleDOI
The Management of Business-Processes Strategic Sectors of Economy on Digital Transformation Conditions
TL;DR: It has been found that digital transformation has led to changes in the business process management of enterprises, which have been driven by improved efficiency and manageability of operations, and have become a challenge oriented to the experience of successful global companies.
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.
Journal ArticleDOI
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.
Journal ArticleDOI
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.