Income distribution as it currently is and its long-term development are studied from a variety of data sources. In terms of workers, the study focuses on the wages and salaries of the dependently employed. It finds that the gap between low- and high-wage earners is broad and has further widened...

In the long term, it is high and increasing unemployment which constitutes the key determinant for a decline in the adjusted wage share and the real unit labour costs. Economic growth plays a similarly important role. Higher investment will increase the profit share. Countries whose economy and...