Do Operating Profits Induce a Wage Premium Equally Shared among Employees Earning High or Low Incomes?

Panel data show that between 2001 and 2014 Norwegian industries’ increasing aggregated operating profits per employee increased average wages and wage inequality. The data imply that increasing profits, perhaps unsurprisingly, induce a wage premium. The data further imply that employees earning high...

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Bibliographic Details
Main Authors: Jarle Aarstad, Olav A. Kvitastein
Format: Article
Language:English
Published: MDPI AG 2021-05-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/9/2/81