Donald Schneider
DonFSchneider
THREAD/ Good news: using a new(ish) measure of the labor share that Rognlie deems "the best measure," pay and productivity are growing together.Bad news: there's a much bigger puzzle than
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For posterity, a few charts on cost per month of a few ideas:First, here's the cumulative share of the labor force sorted by occupational contact intensity (proxy for Covid risk).
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