Declining labor shares and bargaining power: An institutional explanation

Keyphrases

• Bargaining Power 100%
• Declining Labor Share 100%
• Friction 33%
• Institutional Explanation 100%
• Irreversible Investment 33%
• Labor Bargaining 100%
• Labor Investment 33%
• Labor Market Institutions 33%
• Labor Productivity 33%
• Labor Share 66%
• Labour Effort 33%
• Labour Wages 33%
• Model Prediction 33%
• Moral Hazard 33%
• OECD Countries 33%
• Power Balance 33%

Economics, Econometrics and Finance

• Labor Market 33%
• Labor Productivity 33%
• Labor Share 100%
• Moral Hazard 33%
• Organisation for Economic Co-Operation and Development 33%
• Putty-Clay Model 33%