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.

Abstract

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: 16 Oct 2019 10:51
Last Modified: 23 Dec 2019 14:48
URI: http://lbsresearch.london.edu/id/eprint/1240
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