Superstar Firms Means Less For Labour

A paper by David Autor, David Dorn, Lawrence F. Katz, Christina Patterson, John Van Reenen titled The Fall of the Labor Share and the Rise of Superstar Firms makes for an interesting read. The argument can be understood as follows: Labour's share of GDP has declined. The causes however remain uncertain. During the period of declining labour share of GDP, technological has … Continue reading Superstar Firms Means Less For Labour