Aarstad, Jarle; Kvitastein, Olav A. - In: Economies : open access journal 9 (2021) 2, pp. 1-7
Panel data show that between 2001 and 2014 Norwegian industries' increasing aggregated operating profits per employee increased average wages and wage inequality. The data imply that increasing profits, perhaps unsurprisingly, induce a wage premium. The data further imply that employees earning...