The Cleveland Fed has a piece on labor (vs. capital) receiving a declining share of national income.
Labor's Declining Share of Income and Rising Inequality by Jacobson and Occhino.
Traditionally labor income ad benefits have received about 2/3 of all national income and capital has received 1/3 of national income. The article supports the idea that for the pass 30 years the returns to labor have been dropping. The result is flattening wages and increasing income inequality.
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