Workers' falling share of firms' profits

Brian Bell, Pawel Bukowski and Stephen Machin

CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE

Abstract: To what extent do UK companies share their profits with employees? Brian Bell, Pawel Bukowski and Stephen Machin find that rent-sharing is on a much smaller scale today than during the 1980s and 1990s - and that the decline coincides with a rise in firms' product market power alongside a fall in workers' bargaining power.

Keywords: rent sharing; inclusive growth (search for similar items in EconPapers)
JEL-codes: J30 (search for similar items in EconPapers)
Date: 2019-07-01
New Economics Papers: this item is included in nep-com and nep-pke
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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepcnp:557

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