The Fall of the Labor Share and the Rise of Superstar Firms
NBER Working Paper No. 23396
---- Acknowledgments ----
We would like to thank Daron Acemoglu, Eric Bartelsman, Erik Brynjolfsson, Jason Furman, Richard Schmalensee, Larry Summers and participants in several seminars for helpful discussions. This research was funded by the National Science Foundation, the European Research Council, the Economic and Social Research Council, the MIT Initiative on the Digital Economy, and the Swiss National Science Foundation. Disclaimer: Any opinions and conclusions expressed herein are those of the authors and do not necessarily represent the views of the U.S. Census Bureau. All results have been reviewed to ensure that no confidential information is disclosed. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.