Aarstad, Jarle; Kvitastein, Olav A. - In: Economies : open access journal 9 (2021) 2, pp. 1-7
increased average wages and wage inequality. The data imply that increasing profits, perhaps unsurprisingly, induce a wage …-wise. Decreasing operating profits per employee had opposite but less robust effects on average wages and wage inequality. Panel data … Granger causality tests finally showed that average wages, but not wage inequality, reversely and positively affect operating …