Bankers. Bonuses and Extreme Wage Inequality in the UK – Forum

Date: 2013-02-09

Reference number: OPUSeJ 201302091048BBI

Links: to published article:http://cep.lse.ac.uk/pubs/download/special/cepsp21.pdf

to cover page: http://www.opusej.org/library/bankers-bonuses-and-extreme-wage-inequality-in-the-uk-cover/

Title: Bankers. Bonuses and Extreme Wage Inequality in the UK

Authors:  Bell, Brian and John Van Reenen

Moderator: N/A

Overview: N/A

Addendum: none

Erratum: none

Bibliography:

Atkinson, A. B. (2005) “Top Incomes in  the United Kingdom  over the Twentieth Century”, Journal of the Royal Statistical Society, Series A, 168, 325-43.

Atkinson, A. B., Piketty, T., and Saez, E. (2009) “Top Incomes in the Long Run of History”, NBER Working Paper No 15408.

Atkinson, A. B., and Voitchovsky, S. (2009) “The Distribution of Top Earnings in the UK since the Second World War”, mimeo, Nuffield College, Oxford.

Autor, D., Katz, L. and Kearney, M. (2008) “Trends in US Wage Inequality; Revising the Revisionists”, Review of Economics and Statistics, 90(2) 200-323.

Bell, B. (2010) “Bankers’ Bonuses” Election Briefing, Centre for Economic Performance.

Blanchflower, D. G., Oswald, A. J., and Sanfey, P. (1996) “Wages, Profits, and RentSharing”, Quarterly Journal of Economics, 111(1), 227-51.

Burkhauser, R. V., Feng, S., Jenkins, S. P., and Larrimore, J. (2009) “Recent Trends in Top Income Shares in the USA: Reconciling Estimates from March CPS and IRS tax return data”, ISER Working Paper No 2009-27.

Gabaix, X., and Landier, A. (2008) “Why has CEO Pay increased so much?”, Quarterly Journal of Economics, 123, 49-100.

Gordon, R. J., and Dew-Becker, I. (2007) “Selected Issues in the Rise of Income Inequality”, Brookings Papers on Economic Activity, 169-92.

Gosling, A., Machin, S., and Meghir, C. (2000) “The Changing Distribution of Male Wages in the U.K.”, Review of Economic Studies, 67, 635-66. 18

Kaplan, S. N., and Rauh, J. (2009) “Wall Street and Main Street: What Contributes to the Rise in the Highest Incomes?”, Review of Financial Studies,

Machin, S. (2010) “Changing Wage Structures: Trends and Explanations”,  mimeo, Centre for Economic Performance, LSE.

Machin, S. and Van Reenen, J. (2010) “Inequality”, Election Briefing, Centre for Economic Performance.

Philippon, T., and Reshef, A. (2008) “Wages and Human Capital in the U.S. Financial Industry: 1909-2006”, mimeo, New York University.

Piketty, T. (2003) “Income Inequality in France, 1901-1998”, Journal of Political Economy, 111, 1004-42.

Piketty, T., and Saez, E. (2003) “Income Inequality in the United States, 1913-1998”, Quarterly Journal of Economics, 118, 1-39.

Rosen, S. (1981) “The Economics of Superstars”, American Economic Review, 71(5), 845-58.

Van Reenen, J. (1996) “The Creation and Capture of Economic Rents: Wages and Innovation in a Panel of UK Companies” Quarterly Journal of Economics, CXI, 443, 195-226.

Citation: Bell, Brian and John Van Reenen (2010), “Bankers. Bonuses and Extreme Wage Inequality in the UK”, CEP Special Report No. 21. http://cep.lse.ac.uk/pubs/download/special/cepsp21.pdf

Academic citations forward: cited by 21 http://scholar.google.ca/scholar?cites=17965150263594578433&as_sdt=2005&sciodt=0,5&hl=en

Other citations forward: N/A

1) Freeland, Chrystia, Feb 7, 2013, “Putting the magnifying glass on the 1 percent” Reuters New York. http://www.reuters.com/article/2013/02/07/us-column-freeland-idUSBRE91611420130207

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