The growing finance wage premium is related to a modest net reallocation of skilled workers from non-finance sectors … into finance in a broad sample of 24 countries over 35 years. The reallocation is higher when the finance wage premium … finance. More innovative sectors and sectors exhibiting lower labor-transition costs face a higher reallocation of skilled …

-price firms following the staggered implementation of the Interstate Banking and Branching Efficiency Act across states and over …