Readership: Students, researchers, academics, and policy makers with an interest in earnings, labour markets, business, and executive compensation.
A B Atkinson, Senior Research Fellow, Nuffield College, Oxford
"This book demonstrates his continued mastery of the minutiae of longitudinal data sets...[..] if the source material were not reason enough to read this book...it's fresh challenge to conventional wisdom on the matter of earnings dispersion should be." - John Philpot, Chief economist, Chartered Institute of Personnel and Development (CIPD) The Business Economist
Part I: The Lecture 1: Introduction 2: The race between technology and education- the textbook model 3: Taking data seriously - where the data come from and how we should use them 4: The changes in dispersion since 1980 5: Recent history in full - was there a lull before the storm? 6: A longer-run view of the earnings distribution - the Great Compression and the Golden Age 7: What we are seeking to explain 8: A behavioural model of change in pay differentials - the "fanning out" at the top of the earnings distribution 9: Superstars and pyramids - two complementary explanations for changes in top earnings 10: Conclusions Part II Details of the Models Note 1 The dynamics of supply and demand Note 2 A behavioural model of changing pay norms Note 3 Superstars and pyramids Part III New Empirical Evidence for 20 OECD Countries Introduction to Part III A: Australia B: Austria C: Canada D: Czech Republic E: Denmark F: Finland G: France H: Germany I: Hungary J: Ireland K: Italy L: Netherlands M: New Zealand N: Norway O: Poland P: Portugal Q: Sweden R: Switzerland S: United Kingdom T: United States