oikonomia.gr (Greece):
A new road to economic liberalism
14 July 2017
A similar trend can be observed at the organizational level. A recent study by Erling Bath, Alex Bryson, James Davis and Richard Freeman has shown that the spread of individual wages since the 1970s is linked to differences in pay between businesses and not within them. Stanford economists Nicholas Bloom and David Price have confirmed this conclusion and argue that virtually the whole increase in income inequality in the US is due to the growing gap in average wages paid by businesses.
Related links
Alex Bryson CEP Alumni webpage: https://www.niesr.ac.uk/users/bryson