ONMEASURINGTHELABOURINCOMESHAREDrBenjaminCaswellNationalInstituteofEconomicandSocialResearchNIESRDiscussionPaperNo.55630April2024AbouttheNationalInstituteofEconomicandSocialResearchTheNationalInstituteofEconomicandSocialResearchisBritain'slongestestablishedindependentresearchinstitute,foundedin1938.Thevisionofourfounderswastocarryoutresearchtoimproveunderstandingoftheeconomicandsocialforcesthataffectpeople’slives,andthewaysinwhichpolicycanbringaboutchange.Overeightyyearslater,thisremainscentraltoNIESR’sethos.Wecontinuetoapplyourexpertiseinbothquantitativeandqualitativemethodsandourunderstandingofeconomicandsocialissuestocurrentdebatesandtoinfluencepolicy.TheInstituteisindependentofallparty-politicalinterests.NationalInstituteofEconomicandSocialResearch2DeanTrenchStLondonSW1P3HET:+44(0)2072227665E:enquiries@niesr.ac.ukwww.niesr.ac.ukRegisteredcharityno.306083ThispaperwasfirstpublishedinApril2024CompetingInterestStatement:Theviewsexpressedinthispaperarebasedonresearchandarenotattributedtotheorganizationstowhichtheresearchersareaffiliated.Therearenoconflictsofinterest.Theusualdisclaimerapplies.©NationalInstituteofEconomicandSocialResearch2024OnMeasuringtheLabourIncomeShareDrBenjaminCaswellAbstractThelabourincomeshareplaysakeyroleasaparameterinmacroeconomicmodelsandhasmotivatedabodyofliteraturewithregardstoits...
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