The Global Decline in the Labor Share

April 20, 2016, 5:30–7 p.m., Gleacher Center

The share of total income paid as compensation to labor—the labor share—has been declining all around the world in recent decades. Professor Brent Neiman will discuss what may be driving this decline. What are the repercussions for growth, business cycles, and inequality?

The Myron Scholes Global Markets Forum is part of the Initiative on Global Markets (IGM) and is generously sponsored by Myron Scholes.

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Speaker Profile

Brent Neiman conducts research on international macroeconomics and trade. He is a faculty research fellow in the International Finance and Macroeconomics and the International Trade and Investment groups at the National Bureau of Economic Research and serves as an associate editor of the Quarterly Journal of Economics and the Journal of International Economics. He previously served as the staff economist for international finance on the White House Council of Economic Advisers and has worked at the Federal Reserve Bank of Chicago, at McKinsey & Company, and at the McKinsey Global Institute.

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