How do capital and labor split economic gains in an age of globalization?

RT @benyeohben: This paper suggests economic pie has grown for both capital and labour, but in recent times the value to capital has outpac…

RT @benyeohben: This paper suggests economic pie has grown for both capital and labour, but in recent times the value to capital has outpac…

This paper suggests economic pie has grown for both capital and labour, but in recent times the value to capital has outpaced labour. Authors examine globalisation and unions. Would be intrigued by @tylercowen / MR thoughts.

RT @MattGrossmann: labor compensation & corporate profits both rose cross-nationally over the last 3 decades, but the compensation-profit r…