Workers' falling share of firms' profits

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.

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Brian Bell, Pawel Bukowski and Stephen Machin

1 July 2019     Paper Number CEPCP557

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This CentrePiece article is published under the centre's Labour markets programme.