Us consumer confidence slips from 18 year high in labor vs capital labor is now winning a tighter labor market will continue to favor workers in wage negotiations by greg ip. In the united states the labor share of income has been declining steadily since about 2000 the same was true in great britain until the great recession hit. The report then summarises the main features of the code and the dialogue and peer review processes that underpin it 1 trends in international capital flows international capital flows have increased dramatically over time despite a temporary contraction during the global crisis. Since international factor flows are jointly determined by technology deployment and endowment differentials it is natural to study at the same time capital and labor movements between countries yet one potential determinant of fdi which has rarely been studied is migration. Wsj chief economics commentator greg ip explores signs that labor may finally be gaining ground on capital and breaking out of its stagnant wage rut
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