The Micro-Level Anatomy of the Labor Share Decline
March 2020
Working Paper Number:
CES-20-12
Abstract
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By analyzing the content of working papers, KeyBERT identifies terms and phrases that capture the essence of the
text, highlighting the most significant topics and trends. This approach not only enhances searchability but
provides connections that go beyond potentially domain-specific author-defined keywords.
:
demand,
market,
production,
macroeconomic,
manufacturing,
sale,
growth,
labor productivity,
labor,
price,
employment growth,
turnover,
trend,
revenue,
workforce,
productivity dispersion,
wage growth,
productivity dynamics,
decline,
labor statistics,
labor markets,
trends labor,
share
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several tasks, including entity tagging.
The model is able to label words and phrases by part-of-speech,
including "organizations." By filtering for frequent words and phrases labeled as "organizations", papers are
identified to contain references to specific institutions, datasets, and other organizations.
:
Annual Survey of Manufactures,
Bureau of Labor Statistics,
National Science Foundation,
Total Factor Productivity,
National Bureau of Economic Research,
Cobb-Douglas,
Labor Productivity,
Organization for Economic Cooperation and Development,
Census of Manufacturing Firms,
Economic Census,
North American Industry Classification System,
TFPQ,
Value Added
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