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Manchester Wired:
Are executives worth their huge pay packets?

15 September 2010

Over the last decade or so, the biggest source of the growth of high pay and wider inequality has been bonuses, according to some recent research. And those who have benefited have been "the people [already] within the top 10%, and then even within that group the top 5% and the top 1%" of the income scale, according to Brian Bell, a Research Fellow at the London School of Economics' Centre for Economic Performance. Most of them are based in London where they work in the financial sector, have… essentially run away from the rest of the workers."

This article appeared in Manchester Wired on September 15, 2010
Link to article

Related Publications
‘Bankers' Pay and Extreme Wage Inequality in the UK’, Brian Bell and John Van Reenen, Centre for Economic Performance Special Paper No.21, April 2010
‘Bankers’ Bonuses’, Brian Bell, Centre for Economic Performance Election Analysis, April 2010

Related Links
Brian Bell webpage
Productivity and Innovation Programme webpage

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