Follow-up study on Eclipse of Rent-Sharing released
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Haochuan Wang released a follow-up study on Eclipse of Rent-Sharing by Acemoglu, He, and le Maire, based on a sample of 7,000 firm-year observations across 695 firms from 2015 to 2025. The study reports that, among a balanced panel of 75 firms continuously disclosing employee expenses, nominal revenue per worker rose by 83.6%, while employee expenses per worker rose by only 51.0%; this gap was concentrated in financial firms, and the remaining 25 disclosing firms saw employee expenses per worker grow slightly faster than revenue per worker.
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- arXiv q-finRevenue Growth and Employee Expenses: A Follow-Up Study of Public Companies on 'Eclipse of Rent-Sharing'
This follow-up study builds on 'Eclipse of Rent-Sharing' by Acemoglu, He and le Maire, analyzing a sample of 7,000 firm-year observations across 695 companies from 2015 to 2025.
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