Trends in labour compensation 1970–2007: An analysis of the impacts of income distribution and economic growth in sixteen advanced economies
This thesis takes a new look at the determinants of the growth in labour compensation since the 1970s. A number of studies have shown that, over the past few decades, income has shifted dramatically from labour to capital, not the least in Europe. Kliman (2011), however, who looks at the corporate sector in the US, maintains that the labour share has remained constant relative to property income a
