Endogenous Bargaining Power and Declining Labor Compensation Share
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DOI: 10.17016/FEDS.2023.030
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- Juan C. Córdoba & Anni T. Isojärvi & Haoran Li, 2024. "Endogenous Bargaining Power and Declining Labor Compensation Share," Opportunity and Inclusive Growth Institute Working Papers 092, Federal Reserve Bank of Minneapolis.
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More about this item
Keywords
Labor share; Endogenous bargaining power; Search and matching; CES matching function;All these keywords.
JEL classification:
- E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
- J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
- J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2023-06-19 (Dynamic General Equilibrium)
- NEP-LAB-2023-06-19 (Labour Economics)
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