Bankers and Their Bonuses
研究了英国金融业工作者在顶层收入份额飙升中的作用,发现银行家奖金解释了1999年后顶层1%收入份额增长的三分之二,且金融危机后其收入与就业地位未下降。
We analyse the role of financial sector workers in the huge rise of the share of earnings going to those at the very top of the pay distribution in the UK. Rising bankers' bonuses accounted for two-thirds of the increase in the share of the top 1% after 1999. Surprisingly, bankers' share of earnings showed no decline between the peak of the financial boom in 2007 and 2011, three years after the global crisis began. Nor did bankers' relative employment position deteriorate over this period. We discuss proposed policy responses such as transparency, bonus 'clawbacks', numerical bonus targets and tax.