Wage dispersion and pension funds: Financialisation of non-financial corporations in the USA
The paper argues that wage dispersion between white-collar and blue-collar workers has caused the rise and expansion of pension funds in a direct and long-run structural manner in the USA. Using data from the Saez-Zucman and the St. Louis Fed’s FRED datasets, the argument is empirically analysed on...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2018-03-01
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| Series: | PSL Quarterly Review |
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| Online Access: | http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/14015/pdf_78 |