The Global Decline in the Labor Share

April 20, 2016, 5:30 p.m. - 7 p.m.

The share of total income paid as compensation to labor—the labor share—has been declining all around the world in recent decades. Professor Brent Neiman will discuss what may be driving this decline. What are the repercussions for growth, business cycles, and inequality? 

The Myron Scholes Global Markets Forum is part of the Initiative on Global Markets (IGM) and is generously sponsored by Myron Scholes.  

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450 North Cityfront Plaza Drive
Chicago, IL 60611


Jennifer Williams

Brent Neiman conducts research on international macroeconomics and trade. He is a Faculty Research Fellow in the International Finance and Macroeconomics and the International Trade and Investment groups at the National Bureau of Economic Research and serves as an associate editor of The Quarterly Journal of Economics and the Journal of International Economics. He previously served as the staff economist for international finance on the White House Council of Economic Advisers and has worked at the Federal Reserve Bank of Chicago, at McKinsey and Company, and at the McKinsey Global Institute.


In 2014, Neiman was one of the eight economics professors in the United States and Canada to receive the Sloan Research Fellowship, an award given to early-career scientists. In 2009, Neiman was named as one of 22 "Emerging Leaders" by the Chicago Council of Global Affairs and was also selected as a Charles E. Merrill Scholar, an honor given to Chicago Booth faculty who conduct promising research in the area of policy studies. He was previously the recipient of the Chiles Dissertation Completion Fellowship from Harvard University, a Harvard University Graduate fellowship, and a Thouron Fellowship for his graduate studies at Oxford. 

Neiman earned a Bachelor of Science in Economics and a Bachelor of Applied Science, both summa cum laude, from the University of Pennsylvania in 1999. In 2000, he earned a master's degree in mathematical modeling from Oxford University, and he earned a PhD in economics from Harvard University in 2008. Neiman joined the Chicago Booth faculty in 2008. 

Outside the classroom, Neiman is an enthusiastic golfer and was a bench warmer on the 1998 Ivy League Champion golf team as an undergraduate. He also enjoys travel and is always up for dim sum.

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