The R*–Labor Share Nexus

The Mathematical Nature of Wealth Inequality and AI's Disruption of Traditional Pathways

This essay argues that wealth distribution follows a power law rather than a normal distribution, making it fundamentally different from oth

Analyzing the Post-COVID Decline in the U.S. Labor Share of Income

This article analyzes the post-COVID decline in the U.S. labor share of income, which measures the fraction of economic output paid to worke

Analyzing the Post-COVID Decline in the U.S. Labor Share of Income

This article analyzes the post-COVID decline in the U.S. labor share of income, which measures the fraction of economic output paid to worke

Analyzing the Post-COVID Decline in the U.S. Labor Share of Income

This article analyzes the post-COVID decline in the U.S. labor share of income, which measures the fraction of economic output paid to worke

Research Study: Generative AI as Seniority-Biased Technological Change in U.S. Labor Markets

This research paper examines whether generative AI represents a form of seniority-biased technological change that disproportionately affect

NEP/RePEc link

Economy Gets a 'B Minus': Strong Jobs but Stubborn Inflation and Stagnant Wages

The article presents an economic analysis giving the current U.S. economy a "B minus" grade. It highlights mixed signals: inflation at a thr

Economy Gets a 'B Minus': Strong Jobs but Stubborn Inflation and Stagnant Wages

The article presents an economic analysis giving the current U.S. economy a "B minus" grade. It highlights mixed signals: inflation at a thr

Economy Gets a 'B Minus': Strong Jobs but Stubborn Inflation and Stagnant Wages

The article presents an economic analysis giving the current U.S. economy a "B minus" grade. It highlights mixed signals: inflation at a thr

Empirical Evidence on Generative AI's Uneven Economic Impact

This article examines the growing empirical literature on generative AI's economic impact, noting that randomized trials and adoption survey