This paper reviews empirical research on finance and labour markets. Preliminary themes in the literature follow. Finance may interact with labour market institutions to jointly determine labour outcomes. Highly leveraged firms show greater employment volatility during cyclical fluctuations, and...

Industrial Revolution (marked by turning invention to innovation leading to mass production through division of labour with labour mix in the proportion - one engineer - five technicians - 50 craftsmen - and laying emphasis on non-high-academically qualified manpower like technicians and...

Prior research examining consumer expectations of equity and price fairness has not addressed wage fairness, as measured by a firm’s pay ratio. Pending legislation will require American public companies to disclose the pay ratio of CEO wage to the average employee’s wage. Our six studies...