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Featured Article The U.S. Bureau of Economic Analysis (BEA) and the U.S. Bureau of Labor Statistics (BLS) use estimates ofdepreciation rates for structures and equipment to construct estimates of capital stock from data on capital investments. The depreciation rates are based on research by Frank C. Wykoff and Charles R. Hulten from the 1980s.
Kevin E. Cahill, Michael D. Giandrea, and Joseph F. Quinn (2019) "Retirement Patterns of the Early and Middle Baby Boomers" Do the retirement patterns of the early and middle Baby Boomers resemble those of older cohorts? One well-documented finding from the retirement literature is that most Americans with career jobs later in life exit the labor force gradually, in stages. These stages include phased retirement, bridge employment, and labor market reentry.
Article February 2017 The labor share—the fraction of economic output that accrues to workers as compensation in exchange for their labor—was thought by some early-to-mid-20th-century economists to be relatively stable. Yet its decline during the second half of the 20th century and on into the early years of the 21st century has shown otherwise, attracting the interest of many researchers.
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