This paper investigates the CEO-to-employee pay gap. Empirical evidence is provided for a sample of about 900 publicly traded UK firms from 1984 to 1998. CEOs were paid about thirteen times the typical employee pay during the sample period. The CEO-to-employee pay ratio sharply increased from...

This paper estimates the effect of changing union density on earnings differentials and inequality among male workers in the U.S. and on industry earnings differentials among OECD countries. For the U.S. the evidence indicates that the fall in union density contributed to the 1980s increase in...