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Tag Archives: LABSHPCAA156NRUG

Capital’s gain is lately labour’s loss : The global decline in the labour share of income

[embedded content] The GDP of a country reflects, among other things, the total payments to all factors of production. For a long time, the share of payments to labour* relative to total payments to all factors of production was relatively stable. In recent decades, the share of payments to labour has been trending down in many countries, which FRED can help us illustrate. The first graph shows that the share of labour compensation in GDP has been declining for several countries around...

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