The Cross-Section of Labor Leverage and Equity Returns
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Matthias Kehrig
Associate Professor of Economics
Matthias Kehrig works on topics at the intersection of macroeconomics, productivity,
firm dynamics and labor economics. His particular research interest lies on how firm-level
differences shape aggregate outcomes and how aggregate fluctuations in turn influence
firm-level dynamics.
His most recent research project studies the micro-level anatomy of the aggregate
labor share decline. Using micro-level business data from the U.S. Census Bureau,
he finds that a set of few establish
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