Labor Share Decline and Intellectual Property Products Capital
研究了美国过去90年劳动份额的变化，发现其下降完全由国民收入账户中知识产权产品的资本化解释。
We study the behavior of the U.S. labor share over the past 90 years. We find that the observed decline of the labor share is entirely explained by the capitalization of intellectual property products in the national income and product accounts.