| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP13408
|
| DP13408 Rent Sharing and Inclusive Growth |
| Brian Bell; Stephen Machin
|
| 发表日期 | 2018-12-21
|
| 出版年 | 2018
|
| 语种 | 英语
|
| 摘要 | The long-run evolution of rent sharing is empirically studied. Based upon a comprehensive and harmonized panel of the top 300 publicly quoted British companies over thirty five years, the paper reports evidence of a significant fall over time in the extent to which firms share rents with workers. It confirms that companies do share their profits with employees, but at much smaller scale today than they did during the 1980s and 1990s. This is a robust finding, corroborated with industry-level analysis for the US and EU. The decline in rent sharing is coincident with the rise of product market power that has occurred as worker bargaining power has dropped. Although firms with more market power previously shared more of their profits, they experienced a stronger fall in rent sharing after 2000. |
| 主题 | Labour Economics
|
| 关键词 | Rent sharing
Inclusive growth
|
| URL | https://cepr.org/publications/dp13408
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542220
|
推荐引用方式
GB/T 7714 |
Brian Bell,Stephen Machin. DP13408 Rent Sharing and Inclusive Growth. 2018.
|
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