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How can the UK boost the wage share? The rebalancing requires, above all, a new social contract with labour

Reed, Howard (2013) How can the UK boost the wage share? The rebalancing requires, above all, a new social contract with labour. British Politics and Policy at LSE (20 Aug 2013). Website.

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Abstract

The wage share – wages expressed as a share of total national income – has fallen since the early 1980s, highlighting the decoupling of earnings from output and accounting for a third of the decline in median wages relative to GDP in the UK over the last 35 years. Howard Reed summarises his recent report, arguing a new social contract is required, and estimates the contribution that a selection of policies might make towards reversing the decline in the wage share.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy
Additional Information: © 2013 The Author(s) CC BY-NC-ND 3.0; Online
Divisions: LSE
Subjects: H Social Sciences > HJ Public Finance
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
J Political Science > JF Political institutions (General)
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Sets: Collections > British Politics and Policy at LSE
Date Deposited: 08 May 2017 15:05
Last Modified: 15 Apr 2020 23:18
URI: http://eprints.lse.ac.uk/id/eprint/76012

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