What Determines the Capital Share over the Long Run of History?
This paper analyzes the determinants of the labor-capital split in national incomefor 20 countries since the late 1800s. Our main identification strategy focuseson unique historical quasi-experimental events: i) the introduction of universalsuffrage, ii) close election wins of left-wing governments, iii) decolonization, iv)unionization shocks, and v) wars. We also run instrumented panel regression
