The long-run evolution of rent sharing is empirically studied. Based upon a comprehensive and harmonized panel of the … industry-level analysis for the US and EU. The decline in rent sharing is coincident with the rise of product market power that … profits, they experienced a stronger fall in rent sharing after 2000. …

other aspects of firm behaviour. In this paper we consider the impact of minimum wages on firm profitability by exploiting … firm profitability was significantly reduced (and wages significantly raised) by the minimum wage introduction. This … residential care homes, and a second on firms across all sectors). Interestingly, we find no evidence that the profitability …