Labour share of income (Part 3 – Causes of wage inequality)

Labour share of income (Part 3 – Causes of wage inequality) Phuah Eng Chye (9 June 2018) Technological advances lead to significant changes in the organisation of work which changes the distribution of rewards. Karen Harris, Austin Kimson and Andrew Schwedel note the “tendency of displacement and long-term unemployment to erode earnings may cast a … “Labour share of income (Part 3 – Causes of wage inequality)”

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Labour share of income (Part 1 – Theories and measurement)

Labour share of income (Part 1 – Theories and measurement) Phuah Eng Chye (26 May 2018) At the macroeconomic level, the impact of landscape change on labour can be gauged by changes in the labour share of income or the share of national income paid in wages. Noah Smith notes “for decades, macroeconomic models assumed … “Labour share of income (Part 1 – Theories and measurement)”

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