We use matched employer-employee data together with data on the ownership networks of Chilean firms to document a novel … relationship between inequality in labor income and ownership structures. Exploiting transitions of firms in and out of networks … ownership structures and the distribution of labor income in the economy. …

in Europe and Latin America, where several governments are large shareholders in a variety of public firms. In a sense …, the subprime crisis induced these governments to behave as active large shareholders. This paper uses a sample of public … firms in Brazil to show that government activism lowers the value of minority shareholders' voting rights. While the …