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The Changing Distribution of Earnings in OECD Countries$
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A.B. Atkinson

Print publication date: 2008

Print ISBN-13: 9780199532438

Published to Oxford Scholarship Online: September 2008

DOI: 10.1093/acprof:oso/9780199532438.001.0001

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Conclusions

Conclusions

Chapter:
(p.80) 10 Conclusions
Source:
The Changing Distribution of Earnings in OECD Countries
Author(s):

A. B. Atkinson (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199532438.003.0011

This chapter reviews the discussions in the preceding chapters. It argues that the distribution of earnings is not outside our control. Although governments are constrained by the global economy and by the pace of technological change, policy still has a role. The evolution of pay norms is partly endogenous, and state enterprises can influence the resulting market equilibrium. Conversely, the privatization of state enterprises can affect pay at both the top and the bottom of the distribution.

Keywords:   earnings distribution, earnings dispersion, pay norms, superstar theory, wage policy

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