Worker income share increases relative to capital owners during specific macroeconomic conditions
the verdict
SUPPORTED
the evidence backs this
confidence 83/100
Macroeconomic studies confirm that the labor share of income fluctuates systematically and varies relative to capital owners depending on business cycle phases and productivity shocks.
Evidence for · 2
FIRM DYNAMICS, ENDOGENOUS MARKUPS, AND THE LABOR SHARE OF INCOME
2014 · cited by 17
Paper [0] shows that the labor share of income responds countercyclically to macroeconomic productivity shocks.
See more details
More for · 1
Inequality over the Business Cycle – The Role of Distributive Shocks
2020 · cited by 4
Paper [2] demonstrates that the functional income distribution and capital/income shares fluctuate systematically over the business cycle.