Does Rent-Sharing Exist in Belgium? an Empirical Analysis Using Firm Level Data.
This paper is the first which provides evidence for rent-sharing in Belgium using firm level data. It uses a panel of annual firm level data and shows that a rise in the firm’s profitability leads after some years to an increase in worker’s income. The profit-per-head elasticity of wages is about 0.1 and Lester’s range of wages is estimated at approximately 60 percent of the mean wage.
Year of publication: |
2000-03
|
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Authors: | Goos, Maarten ; Konings, Jozef |
Institutions: | Centrum voor Economische Studiën, Faculteit Economie en Bedrijfswetenschappen |
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