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VERSION:2.0
PRODID:-//AMSE//Event Calendar//FR
CALSCALE:GREGORIAN
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UID:event-10349@www.amse-aixmarseille.fr
DTSTAMP:20260422T173257Z
CREATED:20260422T173257Z
LAST-MODIFIED:20260422T173257Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:amse seminar - Jakob Madsen
DTSTART:20231127T103000Z
DTEND:20231127T114500Z
DESCRIPTION:The increasing income inequality in the high-income countries o
 ver the past five decades has\, to a large extent\, been attributed to the 
 declining gross labor share. However\, the net labor share\, which is a
 ssumed to be a more adequate measure of the functional income distribution\
 , has been flat since WWII\; thus\, challenging existing theories of the de
 clining labor share and contradicts measures of asset returns. This researc
 h argues that the gross and net income shares\, conventionally measured\, a
 re misleading measures of the level and the trajectory of the labor share a
 fter WWII because they omit depreciation allowances\, significantly underes
 timate the increase in the imputed rent\, and include the wage outlays of g
 overnments. Constructing novel data for the labor share for 21 OECD countri
 es over the period 1945-2021\, this research shows that the adjusted net la
 bor share is significantly lower than traditionally thought of and has decl
 ined markedly after WWII\, particularly\, after 1977.\\n\\nContact: Nicolas
  Clootens : nicolas.clootens[at]univ-amu.frRomain Ferrali : romain.ferrali[
 at]univ-amu.fr\n\nPlus d'informations: https://www.amse-aixmarseille.fr/fr/
 evenements/jakob-madsen-1
LOCATION:Îlot Bernard du Bois - Amphithéâtre\, AMU - AMSE\, 5-9 boulevar
 d Maurice Bourdet\, 13001 Marseille
URL;VALUE=URI:https://www.amse-aixmarseille.fr/fr/evenements/jakob-madsen-1
CONTACT:Nicolas Clootens : nicolas.clootens[at]univ-amu.frRomain Ferrali : 
 romain.ferrali[at]univ-amu.fr
TRANSP:OPAQUE
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