Recent working papers

1. Labor Income Share at the Firm level: Global Trends (with Hironobu Isaka) IZA Discussion Paper No. 12852. [December 2019]
2. Labor Income Share Dynamics with Variable Elasticity of Substitution, IZA Discussion Paper No. 12418. [June 2019]

3. Baumol versus Engel: Accounting for 100 years (1885-1985) of Structural Transformation in Japan, IER Discussino Paper No. A694 (with Kyoji Fukao) [May 2019]

4. A Decline in Labor’s Share with Capital Accumulation and Complementary Factor Inputs: An Application of the Morishima Elasticity of Substitution, IZA Discussion Paper No. 12219. [March 2019]