70 Years of US Corporate Profits

Barkai, S and Benzell, S G (2018) 70 Years of US Corporate Profits. Working Paper. New Working Paper Series No. 22, Chicago Booth. OPEN ACCESS


We extend Barkai (2016a) and measure capital costs and profits over the period 1946–2015. The profit share is declining from 1946 to the early 1980s and has been increasing since. As a share of gross value added, profits today are higher than they were in 1984, but lower than their value in the years after World War II. Alternative measures of profits show similar trends.

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Item Type: Monograph (Working Paper)
Subject Areas: Finance
Date Deposited: 07 Jun 2019 06:52
Last Modified: 14 Jul 2019 15:41
URI: http://lbsresearch.london.edu/id/eprint/1120

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